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    Tshwane given fraudulent finacial statements in earlier management

    adminBy adminMarch 31, 2023No Comments2 Mins Read
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    Finance MMC Peter Sutton was speaking on Friday at Tshwane House, where he was revealed as a member of Cilliers Brink’s mayoral committee.

    Tshwane Executive Mayor Cilliers Brink appointed his 10 Members of Mayoral Committee. Picture: Thabiso Goba/Eyewitness News

    JOHANNESBURG – Tshwane Finance MMC Peter Sutton said that the political leadership were given fraudulent financial statements in the previous administration.

    READ: Cilliers Brink promises not to hesitate to remove underperforming MMCs

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    Sutton said that this is what led to the city receiving a damning audit report stating that billions of rands in money and assets were unaccounted for in the city.

    Sutton was speaking on Friday at Tshwane House, where he was revealed as a member of Cilliers Brink’s mayoral committee.

    In the Auditor-General’s report for the 2021/22 financial year it said that the quality of financial statements submitted by the Tshwane municipality was poor, unethical and sometimes did not make sense.

    While the fallout from that report resulted in the mayor and the chief financial officer leaving the municipality’s employ, Sutton has returned for a second term as the MMC for finance.

    Sutton said that the previous administration followed all oversight processes when it came to the handling of financial reports.

    He said that a report begins with the respective MMC, then the mayoral committee, council and finally a Section 79 oversight structure.

    “But in cases where that information has been fraudulently prepared or misled, we will not be able to detect that from a political structure.”

    Sutton said the city was applying some of the recommendations by the Auditor-General to improve their oversight exercises.

    Cilliers Brink, newly elected Tshwane Executive Mayor, is today announcing his 10-member mayoral committee.

    The MMC’s are from different parties in the DA-led multiparty coalition. TCG pic.twitter.com/B80DciaZhr

    ‘ EWN Reporter (@ewnreporter) March 31, 2023





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