THE victory dance of the controversial housing company, Thubelisha Homes after their favourable ruling in the N2 Gateway illegal occupants court case, proved to be shortlived after allegations of the company’s bankruptcy surfaced.
In contrast to the bold outspokeness of Thubelisha Homes in the media over the N2 Gateway saga during the past few months, the company this week evaded TygerBurger’s query into the alleged bankruptcy.
Phone calls to the Thubelisha offices proved useless as the woman answering the phone could not comment or supply the contact numbers of the manager or the media spokesperson to comment on the issue.
Mr Prince Xhanti Sigcawu, Western Cape manager of Thubelisha Homes, did not answer his cellphone.
Die Burger reported earlier this month that Prince denied the bankruptcy and said: “The company is not technically insolvent and just do not have enough funds for the 2008/9 book year.”
Thubelisha Homes, who earlier this year came in the spotlight for obtaining a court order to evict illegal occupants from the N2 Gateway houses in Delft, was contracted by the National Housing Department to build the low income houses.
It was a pilot project approved by Cabinet in 2004 as part of the newly developed human settlement plan and launched by the National Housing Department in 2005.
Thubelisha, who failed to complete the housing target for this project, will now merge with the housing company Servon to form the National Housing Agency.
Thubelisha was originally contracted to build 16 290 houses, of which only 2 889 was completed.
Mr Xolani Xundu, spokesman for the National Housing Department said the project will be taken over by the new Housing Development Agency.
Reasons as to why Thubelisha could not achieve its target, Xundu said: “We must point out that Thubelisha as an implementing agent of government has operated under very difficult circumstances of work stoppages due to political and other forces that slowed the building of the houses.
“Recent actions by the councillor of the DA of inciting communities to occupy incomplete houses in Delft Symphony and the court battles that ensued are but two examples of the very difficult environment faced by Thubelisha.”
The official concerned, DA councillor Mr Frank Martin, is still under disciplinary investigation for allegedly prompting local backyard dwellers to move into the unfinished houses.
Martin said the latest debacle surrounding Thubelisha was an “utmost shame”.
“Their corrupt and sly way of doing business have caught up with them.
“I welcome their bankruptcy, but we will have to wait and see whether the same crooks will not be appointed in the new agency company of the state,” he said.
Xundu further denied allegations that Thubelisha was bankrupt.
“Thubelisha is not bankrupt. What has happened is that in anticipation for its closure in June, it was not allocated the full annual budget to carry out its operational activities,” said Xundu. - TygerBurger
In contrast to the bold outspokeness of Thubelisha Homes in the media over the N2 Gateway saga during the past few months, the company this week evaded TygerBurger’s query into the alleged bankruptcy.
Phone calls to the Thubelisha offices proved useless as the woman answering the phone could not comment or supply the contact numbers of the manager or the media spokesperson to comment on the issue.
Mr Prince Xhanti Sigcawu, Western Cape manager of Thubelisha Homes, did not answer his cellphone.
Die Burger reported earlier this month that Prince denied the bankruptcy and said: “The company is not technically insolvent and just do not have enough funds for the 2008/9 book year.”
Thubelisha Homes, who earlier this year came in the spotlight for obtaining a court order to evict illegal occupants from the N2 Gateway houses in Delft, was contracted by the National Housing Department to build the low income houses.
It was a pilot project approved by Cabinet in 2004 as part of the newly developed human settlement plan and launched by the National Housing Department in 2005.
Thubelisha, who failed to complete the housing target for this project, will now merge with the housing company Servon to form the National Housing Agency.
Thubelisha was originally contracted to build 16 290 houses, of which only 2 889 was completed.
Mr Xolani Xundu, spokesman for the National Housing Department said the project will be taken over by the new Housing Development Agency.
Reasons as to why Thubelisha could not achieve its target, Xundu said: “We must point out that Thubelisha as an implementing agent of government has operated under very difficult circumstances of work stoppages due to political and other forces that slowed the building of the houses.
“Recent actions by the councillor of the DA of inciting communities to occupy incomplete houses in Delft Symphony and the court battles that ensued are but two examples of the very difficult environment faced by Thubelisha.”
The official concerned, DA councillor Mr Frank Martin, is still under disciplinary investigation for allegedly prompting local backyard dwellers to move into the unfinished houses.
Martin said the latest debacle surrounding Thubelisha was an “utmost shame”.
“Their corrupt and sly way of doing business have caught up with them.
“I welcome their bankruptcy, but we will have to wait and see whether the same crooks will not be appointed in the new agency company of the state,” he said.
Xundu further denied allegations that Thubelisha was bankrupt.
“Thubelisha is not bankrupt. What has happened is that in anticipation for its closure in June, it was not allocated the full annual budget to carry out its operational activities,” said Xundu. - TygerBurger
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