OR Tambo district municipality has set up a committee to investigate how it managed to incur more than R4bn in unauthorised‚ irregular‚ wasteful and fruitless expenditure in just five years. The resolution was taken during a council meeting at which executive mayor Nomakhosazana Meth presented a report asking the council to write off the expenditure. It refused to do so and set up the probe instead. Unauthorised spending amounted to R2.2bn‚ irregular expenditure to R1.6bn and fruitless and wasteful expenditure to R24.2m. The Public Service Accountability Monitor (PSAM) and opposition parties have condemned the high figures‚ with the EFF calling them "planned corruption". The report seen by the Daily Dispatch did not detail what the money was spent on. Read here: O R Tambo to probe R4bn mystery funds This is the same district authority that in 2014 received a sixth consecutive disclaimer.The Auditor-General upgraded his findings to a qualified audit in 2014-15. After Meth’s presentat...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.