Group Five denies it stole nearly 60,000 litres of water in Waterfall development
Group Five has denied allegations that subcontractors in its employ were illegally using a water point in the Waterfall development in Midrand as a source of water. This comes after the City of Johannesburg issued a media statement on Tuesday stating that three people had been arrested and three trucks impounded after they were caught stealing 58,000 litres of water from a fire hydrant in the area. One of the trucks is allegedly owned by the JSE-listed construction company Group Five and the other by Labucon, an empowered civil engineering company. "In line with standard construction agreements with clients, the group, as well as other partners on the contracts, was instructed by the client at the start of construction on which water sources to use," Group Five said in statement. "As the constructor on contracts, the group remains under clients’ municipal service agreements through the duration of construction. The client confirmed today that the source used was legal and that it is...
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