EFF Gauteng province on the failure of the DA-led coalition in Tshwane to submit financial statements to the Auditor-General
5 September 2023
The Economic Freedom Fighters Gauteng strongly condemns the DA-led coalition in the City of Tshwane for their failure to submit financial statements to the Auditor-General(AG) even when an extension was granted to the municipality.
The EFF views the failure of the Moonshot Pact to submit financial statements on time as a contravention of the Generally Recognized Accounting Practices(GRAP) and the Municipal Financial Management Act(MFMA) which requires compliance from municipalities to submit financial statements on time for an audit.
The City of Tshwane under the leadership of the DA has continuously asked for postponement in terms of submission, citing the need to address the findings made by the AG in the year 21/22. Yet this is just an attempt by the Coalition of Corruption in collaboration with the municipal officials to cook and configure the books to achieve a non-existent positive financial audit while they have dismally failed to manage the finances of the City since they assumed power.
The City of Tshwane has consistently received adverse financial audit reports, the latest being the RIO Billion on irregular expenditure in the previous financial year. The very same City has also topped the list of municipalities that have failed to honor their water and electricity bills.