I can't help wonder what a forensic audit of distribution of land claim funds would reveal? One land claim I'm aware of is decidedly suspect.Top Land Bank officials have siphoned off more than R2-billion -- meant for farmers -- to fund their close friends' and associates' ventures, the Sunday Times reported.
The money was reportedly used for luxury golf estates, a sugar mill, equestrian estates and residential developments.
The fraud was revealed in a forensic audit by Deloitte, which was handed to the Cabinet this week by the Minister of Agriculture and Land Affairs, Lulu Xingwana.
It was reported that the extent of the fraud forced the Cabinet to call for the Land Bank board to be fired and for criminal charges to be brought against almost the entire top management, implicated in the investigation.
Xingwana is set to announce a new board this week.
full story from M&G here