Auditor-General report: R1.3bn lost in irregular expenditure in Mandela Bay

FEBRUARY 9, 2016

The Nelson Mandela Bay Municipality reportedly wasted around R1.3 billion through irregular expenditure in the 2014/15 financial year.

According to Eyewitness News, a report released by the Auditor-General, Kimi Makwetu, last week into the finances of the Nelson Mandela Bay Municipality showed that in some cases, municipal officials were unable to account millions of taxpayers’ monies. 

Of the R1.3 billion, fruitless and wasteful expenditure amounted to R146 million.

EWN claims that the municipality was refusing to comment on the report.