Tshwane to lay charges against ex-CFO Umar Banda for dismal AG report
The City of Tshwane will be laying criminal charges against former CFO Umar Banda after the auditor-general issued an adverse audit opinion on Wednesday.
Source: timeslive.co.za
Stay updated with breaking news from Umar Banda. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The City of Tshwane will be laying criminal charges against former CFO Umar Banda after the auditor-general issued an adverse audit opinion on Wednesday.
The City of Tshwane has been flagged for serious irregularities and failing to submit the correct financial statements to the auditor-general for the July 2021 to June 2022 financial year.
In dispute that points to bad audit outcome for the city.
The Tshwane metro was so upset by the news that there was apparently a qualified audit in the pipeline that it immediately got rid of its chief financial officer.