VBS: DA lays charges of fraud against West Rand District Municipality officials
30 May 2018
Today, along with my colleague, DA Gauteng Shadow MEC for Finance, Adriana Randall MPL, I have laid charges of fraud in terms of Sections 7 (2) and 64 (3) of the Municipal Financial Management Act against officials at the West Rand District Municipality who allegedly made illegal deposits with VBS Mutual Bank.
The West Rand District Municipality is one of 15 municipalities which made deposits with VBS, despite an instruction by National Treasury against this practice. The DA will also be laying charges against officials at the other 14 municipalities who were complicit in these illegal deposits.
These municipalities include:
Vhembe District Municipality