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City of Johannesburg Investigates R4bn Financial Misconduct Cases
Photo: IOL
2026-07-28 13:55   Business   10

City of Johannesburg Investigates R4bn Financial Misconduct Cases

The City of Johannesburg has referred 13 alleged financial misconduct cases involving approximately R4.07 billion to its independent Disciplinary Board for investigation.These referrals stem from allegations of unauthorized, irregular, fruitless, and wasteful expenditure across various municipal departments.

The city emphasized that the action is part of efforts to strengthen accountability and ensure compliance with the Municipal Finance Management Act (MFMA).

While the referral does not equate to guilt, it allows the Disciplinary Board to conduct preliminary investigations to determine if further action, including disciplinary or criminal proceedings, is warranted.All affected officials retain their right to due process under South African law.

Executive Deputy Mayor Cllr Loyiso Masuku highlighted the city's commitment to accountability beyond financial reporting, ensuring consequences are pursued when necessary.The move underscores the importance of transparency in public finance management and reinforces mechanisms to protect taxpayer interests.

Full reading at IOL

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