Denials abound after Waterfall Investment and City of Joburg employees arrested for water theft
The company that owns and manages retirement property Waterfall Estate has been left embarrassed after two of its employees and a Johannesburg Water employee were arrested for water theft from the City of Johannesburg. An investigation has been under way into how the development and other entities in Midrand’s Waterfall area procure water, and if they pay for it. The city said earlier this week that it had obtained R8.2m from Waterfall Investment Company, which owns Waterfall Estate, saying the company collected water for free from illegally installed meters. Mayor Herman Mashaba said on Thursday that Joburg Water employee Faisel Abrahams and two co-accused from Waterfall Investment Company, Irving Steyn and Yvette Scheepers, were arrested this week after they illegally obtained water meters and stole water estimated to be worth millions of rand, during the development of Waterfall City. Waterfall Estate is part of the larger Waterfall City precinct, a massive real-estate developmen...
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