The outgoing mayor of the City of Cape Town Patricia de Lille says she has asked the city manager to initiate a forensic investigation in the sale process of the prime land on the Foreshore.
She says the city is being accused of selling the land under its market value.
Once the report is made available we will make sure that we take the public in our confidence.— Patricia de Lille, Mayor of Cape Town
Deputy mayor Ian Nielson is reportedly at the centre of this transaction as he was the city's mayco member for finance at the time of the sale.
De Lille says Nielson has already responded to the matter, has given his side of the story but was also advised to wait for the forensic investigation and not to dispute the matter before it was investigated.
I said to him we should look at investigating the whole process until such time that we've got the whole picture out of the investigation, then we can make it public and not try and dispute it because there are many allegations.— Patricia de Lille, Mayor of Cape Town
De Lille says the allegations suggest a loss of R58 million due to the land being undervalued.
She says she doesn't want to point fingers at this stage but rather wait for the investigation report to see exactly what transpired.
To hear the rest of the conversation with Patricia de Lille, listen below: