Auditors find Cape Town land sale flawed

The process was flawed because the city\'s BEE policy regarding the sale of land had not yet been formulated. According to the auditors’ summary, the identification of the 17 BEE developers, many with links to the ANC, had been done arbitrarily, and the qualifying process had not been completed in respect of at least half of them. Acknowledging mistakes, Mfeketo said all officials involved in the decision to award the land were still at their desks. ‘No action has been taken,’ she said, adding that the city would begin a process to determine if any disciplinary measures would be taken and ‘determine where the buck stops’. Full Finance24 report