The East London Industrial Development Zone SOC LTD (ELIDZ) welcomes the Special Investigation Unit (SIU) probe into allegations of corruption and maladministration into its affairs, if the authorities deem it worthwhile to put resources into these allegations once more.

The investigation comes hardly a year after a judgment was issued on a court case that lasted more than four years, where the same allegations were probed, and the judgment handed down vindicated the ELIDZ from any wrongdoing.

Prior to the court case, back in 2015, a detailed investigation was launched where PricewaterhouseCoopers (PwC) was commissioned by the Department of Economic Development, Environmental Affairs and Tourism (DEDEAT) to investigate the same allegations and a report on the investigation found no transgression against the ELIDZ.

The ELIDZ hopes that the investigation by the SIU will finally end the allegations that have clouded the organisation for quite some time.


Issued by ELIDZ

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