Alliance public hearing to start

Posted On Thursday, 22 March 2012 02:00 Published by eProp Commercial Property News
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The public hearing into a complaint against Auction Alliance is expected to begin on Friday at the National Consumer Commission in Pretoria, according to report.

Rael LevitDeon Leygonie, the other bidder at the disputed December wine farm auction would face questioning, The Star reported.

This was after a complaint was lodged by Wendy Appelbaum in December last year after she bid for the wine estate. She was the winning bidder but claimed that she was bidding against herself.

According to the report, Auction Alliance founder and former CEO Rael Levitt's legal adviser said Levitt was preparing to expose widespread corruption across the auctioneering industry in return for pardon.

Appelbaum believed that Leygonie was bidding against her as a ghost bidder on behalf of Levitt.

However, Levitt said Leygonie was a proxy bidder and acting on behalf of businessman Ariel Gerbi, the newspaper reported.

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