Share

MASHATILE UNMASKED | ANC donor - whose director 'blessed' Mashatile's girlfriend - pockets R90m land deal

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
loading...
Loading, please wait...
0:00
play article
Subscribers can listen to this article
Mashatile Unmasked - an investigation by News24
Mashatile Unmasked - an investigation by News24
Graphic by Rudi Louw

A company that has received billions in government contracts and donated millions to the ANC, and whose director paid for the upkeep of Deputy President Paul Mashatile's former girlfriend, pocketed R90 million from a seemingly questionable land deal with the Gauteng Department of Human Settlements.

News24 can reveal in November 2022, Valumax, a property development company, walked away with R90 million after acquiring 26 land pieces from 18 property owners for R188 768 300 and then selling them to the department for R278 848 00.

One of Valumax's directors - Teddy Greaver - is an admitted friend of Mashatile.

Read this for free
South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.
Try our free 14-day trial
Already a subscriber? Sign in
heading
description
username
Show Comments ()
Voting Booth
Should the Proteas pick Faf du Plessis for the T20 World Cup in West Indies and the United States in June?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes! Faf still has a lot to give ...
67% - 1073 votes
No! It's time to move on ...
33% - 521 votes
Vote
Rand - Dollar
18.76
+1.4%
Rand - Pound
23.43
-0.0%
Rand - Euro
20.08
-0.0%
Rand - Aus dollar
12.25
-0.0%
Rand - Yen
0.12
-0.0%
Platinum
924.10
0.0%
Palladium
959.00
0.0%
Gold
2,337.68
0.0%
Silver
27.19
-0.0%
Brent Crude
89.50
+0.6%
Top 40
69,358
+1.3%
All Share
75,371
+1.4%
Resource 10
62,363
+0.4%
Industrial 25
103,903
+1.3%
Financial 15
16,161
+2.2%
All JSE data delayed by at least 15 minutes Iress logo
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE