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This follows recent findings by the Auditor-General, which showed a gross underrepresentation of money owed to suppliers, the municipality, and loan repayments.
Calling for urgent remedial action, deep reform, real accountability.
The article in the Sowetan about Tshwane’s financial mess (January 5) refers. The article is undoubtedly in poor taste. It was clearly written by a junior reporter who could not resist a scoop from the DA-run metro council without proper research and objectivity. The leaking of an audit report, which has not even been discussed at a council meeting, shows a hidden and malicious agenda.
Unpaid creditors understated by R5bn, totalling R11bn.
An adverse audit opinion expressed by the AG is detailed in a leaked report, of which News24 has obtained a copy, and raises concerns over its future as a going concern.