Johannesburg - An objection has been lodged over an error on the 2013 property valuation roll relating to a Johannesburg property belonging to the Gupta family. City spokesperson, Kgamanyane Maphologela said the City objected to valuations on four of 14 properties belonging to the influential family. He was responding to a report on Saturday that one of the properties' value dropped from R16.8 million on the 2008 valuation roll to R490 000 this year. Maphologela said the 14 properties owned by the Guptas and their companies had a combined value of just under R207 million, up 20 percent from the 2008 valuation of R172 million. Maphologela said all known errors will be corrected.

Sapa