Morero launches disciplinary board to investigate financial mismanagement
This follows the scathing letter sent by finance minister Enoch Godongwana two weeks ago to the municipality. He told the mayor to respond with a comprehensive plan on how he plans to clamp down on UIFWE and enforce consequence management.
Godongwana detailed how in the 2024 financial year the municipality racked up:
R1.4bn in unauthorised expenditure;
R22bn in irregular expenditure; and
R705m in fruitless and wasteful expenditure.
He told Morero the metro, which has an annual budget of R89bn, had taken 'little to no action' to address these problems.
Morero has vowed to operationalise the city's disciplinary board to bolster its efforts to address the minister's concerns and take action against those responsible for the precarious financial situation.
He said the city's July 31 council meeting approved 12 additional matters for preliminary investigation by the disciplinary board, amounting to R2.5bn.
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