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Municipalities Have More Than R26 Billion In Irregular Expenditure

Municipalities allegedly have more than R26 billion in irregular expenditure and this was revealed by the auditor-general are members of the public are wondering, when is enough going to be enough with these corrupt practices of the government of the African National Congress that seems to make the country poorer and more unequal.


Auditor-General Tsakani Maluleke was giving an update about this financial year, the councils had R14.4 billion in unauthorised expenditure. The municipalities spent about R1 billion on consultants to do their financial statements.

Maluleke said that local government finances continued to worsen, 27% of the municipalities are concerned about the health of their financial status especially in several Communities where it is believed that the struggling to make payments.

The biggest deterrent to the success of these municipalities is the revenue not collected. Creditors are not paid on time – which is a major indicator that the system is under significant pressure under the current workers that are employed by the government, it is quite clear that the other underserved or the system is just not efficient enough and it is not being improved.

She said they found that the vast majority of municipalities did not have critical disciplines or the preparation and presentation of quality financial statements, in other words they do not have the right and qualified individuals who are going to compile those financial statements it seems like all the people that they have under their employment do not even know the basis of doing financial statements.

Content created and supplied by: New_Bombshell (via Opera News )

Irregular Maluleke R26 Tsakani Maluleke


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