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By IOL Reporter 
14h ago
Johannesburg – Nontsasa Memela, former head of acquisitions at SAA Technical, told the Zondo Commission on Thursday that she submitted an offer to buy a property for R2.8 million in April 2015 despite being rejected on a bond of R1.4 million a month. earlier.
Defender Kate Hofmeyr was questioning Memela about a series of property transactions she conducted that year.
At first, Memela claimed that he did not recall making a R 1.4 million offer for the property at Raceway. When presented with a document detailing the offer, she admitted that she and her husband intended to purchase the property, but were having difficulty obtaining a bond from their bank.
Memela claimed that he made several attempts to obtain a bond from the bank during that period.
“In 2015 there was a problem with the banks where they did not post a bond, or they did not give 100 percent (mortgage loan), so I kept trying,” he testified.
When Hofmeyr asked her how she could commit to a R2.8 million property acquisition without a bond a month later, Memela said she had an agreement with her mother that the proceeds from the sale of the land belonging to the older woman would be to be used for the purchase price of the property that Memela planned to buy.
The Vice President of the Supreme Court, Raymond Zondo, asked Memela how he could make a concrete offer to buy the property for R2.8 million, since his mother had not even found a buyer for his land.
“Mamela, if you are making an offer to buy a property for a certain amount, without stipulating in the document that the offer depended on another transaction, then you are creating the impression on the seller that you have the money.” Zondo said.
Memela strongly denied that there was anything unpleasant about the offer, repeatedly emphasizing that she hoped to pay for the property with the proceeds from the sale of her mother’s land.
Memela testified in a previous appearance before the commission that JM Aviation director Vuyo Ndzeku had bought land from his mother for R2.5 million. That money was deposited into Memela’s account and he would then use most of it to buy a property in Bedfordview for R2.8 million.
The US aviation company AAR Corporation and SA-based JM Aviation won a 5-year tender worth R1.4 billion to supply components to SAAT in 2016. Memela has denied that the sale of the property between her mother and Ndzeku influenced their decision making. in the award of the tender.
Interestingly, during Hofmeyr’s interrogation it emerged that Memela used 1.5 million rand but did not return the rest of the money, more than 800,000 rand, to her mother after purchasing the Bedfordview property.
When pressed on the matter, he insisted that he used the money to pay for various goods and services for the benefit of his mother.
Furthermore, it was learned that Memela did not have her husband’s consent to participate in the sale of the property despite the fact that the couple was married in community of property.
Memela insisted, despite the evidence leader explaining the legal requirements, that she did not think she needed her husband’s consent.
MESS
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