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The Western Cape High Court on Monday set aside three summonses issued to former Auction Alliance boss Rael Levitt.
In February, he stepped down from his post as CEO following allegations of auction rigging.
The National Consumer Commission and the Estate Agency Affairs Board then started investigating the company.
The commission found him guilty of contravening certain aspects of their legislation, but cleared him of fraud.
Levitt then took the Consumer Commissioner to court.
His legal team claimed the summonses were invalid as the commission had already found him guilty of using a ghost bidder, before calling him to testify.
Levitt's attorney Alan Smiedt said his client feels vindicated.
“My client is relieved because he always believed that the commissioner had exceeded her powers.”
(Edited by Lindiwe Mlandu)