Reports say six evidence bags seized from Auction Alliance’s offices have disappeared, hampering police investigations.
Former Auction Alliance boss Rael Levitt has admitted he made mistakes but did not deserve to be demonised by South Africa.
An application for an arrest warrant for Auction Alliance boss Rael Levitt has been rejected by the Pretoria Magistrate’s Court.
The Auction Alliance case of ghost bidders and collusion has confirmed the consumer commission’s powers and capabilities.
This wire story has been withdrawn due to inaccuracies.
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/ 28 February 2012
Auction Alliance chief executive and founder Rael Levitt will step down from his post while allegations of a money-making racket are investigated.
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/ 18 February 2012
Auction company Auction Alliance has allegedly been colluding with banks, liquidators and attorneys in a money-making racket.
Three Hatrkorp Group hotels on the Garden Route are to be sold at an auction — a sign that the hotel industry is under severe pressure.
Black consumers have become the largest-profile buyers at auctions, Auction Alliance chief executive Rael Levitt has said.
Auction Alliance CEO Rael Levitt says people should find it easier to get involved in real estate auctions as a result of new auction laws.