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Delta Property Fund Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

South Africa Real Estate Industry Analysis 2023: Remote Working is a Significant Driver of the Property Market, Increasing Demand for Properties in Areas Outside Major Cities

South Africa Real Estate Industry Report 2023: Local and International Influences, Key Factors, Competitive Environment, Outlook

South Africa Real Estate Industry Report 2023: Local and International Influences, Key Factors, Competitive Environment, Outlook

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Ex-Delta execs deny wrongdoing

Suren Naidoo Former Delta Property Fund CEO Sandile Nomvete - Image: @PropertyWheel Delta Property Fund’s former CEO Sandile Nomvete, together with former CFO Shaneel Maharaj and COO Otis Tshabalala, have flatly refuted allegations of fraud or procurement irregularities during their tenure at the JSE-listed group. The trio, who left the group in August, issued a joint statement on Friday following Delta’s new board revealing in a further JSE Sens cautionary announcement earlier in the week the high-level findings of a forensic report that implicates senior executives. Instances of unsubstantiated payments, procurement irregularities and other unethical business dealings totalling some R46 million were highlighted. The board, chaired by Phumzile Langeni, first alerted the market about.

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