BREAKING NEWS: Bosasa assets to go under the hammer

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South Africa Headlines News

Property of facilities company that came under the spotlight amid allegations that it bribed government officials will be auctioned over three days in December

Assets belonging to several entities of Africa Global Operations , formally Bosasa, will be auctioned off over three days early next month.the facilities company that came under the spotlight amid allegations that it bribed government officials to win state contracts worth billions of rand, closed its operations after commercial banks pulled the plug on its accounts.

Agrizzi was the right-hand man of the late Bosasa CEO Gavin Watson who died in a car accident a day before he was due to be questioned on his tax affairs. Watson As the collection of assets to be sold is vast, the auction will take place from December 4 to 6, at AGO’s Smart Global Campus offices in Krugersdorp.

On the first day passenger and commercial vehicles will be sold. It includes those issued for personal use: a 2016 BMW X5, a 2011 Audi S5, 2008 Audi A4, a 2013 Mercedes-Benz E200, and 2016 Mercedes-Benz C250.This BMW X5 is one of the items to be auctioned off. Picture: SUPPLIED

 

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