Naspers deal above board - Madonsela
The public protector’s report did however find evidence on maladministration.
CAPE TOWN - Public Protector Thuli Madonsela has found no evidence to substantiate claims of improper conduct in the controversial land deal between the City of Cape Town and Naspers.
ANC Chief Whip Mathole Motshekga asked the protector to investigate allegations that the city intended buying land for R106 million, even though it was valued at no more than R50 million.
The property would be used to expand the Cape Town International Convention Centre.
Property analysts believe the R3,000 per m2 was way above what an average vacant piece of land would fetch in the city.
The public protector's report found no evidence of collusion between the city and Naspers to shortchange taxpayers.
Madonsela's spokesperson Oupa Segalwe says, "All the allegations put forward were not substantiated by evidence."
But during the investigation, Madonsela identified two additional issues.
One concerned the approval for the height restriction property and the other was whether the city, as the prospective buyer, took charge of the negotiations which led to the sales agreement.
On both those issues, Madonsela found evidence of maladministration.
The deal was suspended pending the investigation.