Article Search

 Court orders new look at R1 land deal
    Zelda Venter
    May 14 2008 at 09:20AM
Get IOL on your
mobile at m.iol.co.za

The ownership of Mpumalanga's R1-billion 2010 soccer stadium and 118ha of neighbouring land will be probed by a new board of trustees who were appointed by the Pretoria High Court on Tuesday.

Members of the Matsafeni farm worker community, who were originally granted the land in terms of a land claims settlement in 2003, spontaneously cheered and clapped hands following the ruling.

The stadium is being built on agricultural land originally ceded to them. Developers plan to use the stadium as the centrepiece for a new sport, entertainment and upmarket residential precinct in Nelspruit.

The government, however, illegally took the land in 2007 when it "bought" it for R1 without any of the necessary approvals from the Matsafeni beneficiaries or other interested parties.
Continues Below ↓





The court on Tuesday heard this land was extremely valuable as it was productive farm land.

The Bombela Stadium - one of the 2010 soccer stadiums - is being built on a part of the land.

Following the "purchase" of the land, the government tried to forcibly relocate the residents to a spot about 25km outside town.

The deal had been declared irregular by an independent forensic audit commissioned by the Mbombela Local Municipality.

Human rights lawyer Richard Spoor was appointed by the 883 members of the Matsafeni community to take on their plight and on Tuesday he applied to the court to remove the current trustees.

It was claimed that the trustees had fraudulently amended the trust deed.

It was further claimed that they utilised the trust assets for their own advantage and that they appeared to have misappropriated funds belonging to the trust for personal advantage.

Spoor said the trustees earlier entered into a sale of land agreement with the Mbombela municipality in which they "sold" 43ha for the purchase consideration of R1. "This is less than what one pays for a daily newspaper," he said.


Continues...


Email StoryPrint Story
BOOKMARK THIS STORY
Social bookmarking allows users to save and categorise a personal collection of bookmarks and share them with others. This is different to using your own browser bookmarks which are available using the menus within your web browser.

Use the links below to share this article on the social bookmarking site of your choice.

Read more about social bookmarking at Wikipedia - Social Bookmarking

muti



Subscribe now to Pretoria News
     Related Articles
More Development stories

Watch IOLs latest videos on YouTube Join IOLs Facebook page Follow IOL on Twitter





     Online Services

Date Your Destiny
 
I'm a 44 year old man looking to meet women between the ages of 25 and 40.
 

     More Services

     More Development Stories

     Breaking News      Most Read Stories
      Top News Stories
      Top South Africa Stories
      Top Reads - Yesterday



     Entertainment      Motoring
Madonna's manager to be new Idol judge
'He's lying. He's guilty'
Jennifer gets Butler birthday gift

     Business
Labour market recovery will take months: union
New Zim law say blacks must own 51 percent of all firms
China, India sales pump up Coca-Cola profits
FIRST DRIVES: Hyundai's new 'Tucson' and sexy Sonata
Drivers and cars ill-equipped for when panic strikes
Patrick ready for Nascar debut after baptism of fire
Classic machines howl at Killarney Historic meeting
Yamaha, Ducati set pace at Sepang

     Travel
SA's first liquor-free hotel
Gateway to love is around the corner
Explore the real SA for yourself
Full-body scanners ready to boost security
Fun on islands in the sun
     Careers
Changing lanes in the career highway
Getting to grips with the transport industry
To be your own boss, believe in yourself first
Salary survey puts unstable economy into the equation
Development of child is key