IOL: Low-cost housing fraud to be rooted out

IOL: Low-cost housing fraud to be rooted out: "Low-cost housing fraud to be rooted out

October 05 2006 at 02:16PM

The Special Investigations Unit (SIU) will investigate corruption in low cost housing subsidy schemes, its head Willie Hofmeyr said on Thursday.

'We hope to start an investigation within the next few months,' Hofmeyr told reports at a National Press Club briefing in Pretoria.

The SIU will appoint 50 new investigators to work full time on the project.

'We are looking at fictitious applications, fraud committed by conveyancers and houses which were not built even though payment was made,' said SIU deputy head Faiek Davids.

He said investigations would initially focus on KwaZulu-Natal and Gauteng. The unit said they would give more details once the President had issued a proclamation for them to continue with them. - Sapa"

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