Confirmation of Mayor Gwamanda’s “illegal funeral scheme” justifies ActionSA’s MONC
19 June 2023
ActionSA believes the Financial Sector Conduct Authority's (FSCA) confirmation that the City of Johannesburg’s Mayor, Kabelo Gwamanda’s funeral scheme was not registered, and therefore illegal, obviates the need for a motion of no confidence (MONC) against him.
The Sunday Times reported that Gwamanda operated an “illegal funeral scheme”, posing as a financial services provider without the required licence from the FSCA, and is therefore facing a fraud investigation at the Protea Glen Police Station in Johannesburg.
ActionSA believes that since his election two months ago, Gwamanda has been unable to explain how he took money from the poorest residents in our city for his own gain when he was running the illegal funeral scheme.
ActionSA, a party committed to ethical leadership, refuses to allow Mayor Gwamanda to get away with defrauding our residents and will therefore proceed to hold him accountable by way of a MONC, which the Speaker has since decided to not table at this month’s programming committee.