ANC man cashes in on town's water

He bought Ermelo reservoir, then leased it back for huge profit

21 April 2019 - 00:06
By GRAEME HOSKEN

An Mpumalanga businessman and prominent ANC member bought an Ermelo council property and reservoir for R431,000, then leased it to the municipality for nearly double that amount every month. Now he is at the centre of a Hawks fraud and corruption investigation.

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