Opposition parties in the embattled Mangaung Metro say the financial decay of the municipality is the result of a lack of proper documentation.
This follows the 2021/2022 Auditor-General’s report which painted a grim picture of the top management and the municipality’s finances.
The report indicated a loss of R1.8 billion in unauthorised expenditure.
And that the metro’s current liabilities exceeded its total assets by R485 million.
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