Billions blown by E Cape municipalities

Billions of rands in taxpayers’ money has been blown by Eastern Cape municipalities in unauthorised, irregular and fruitless expenditure in the 2010/2011 financial year.

It is mostly the smaller municipalities who are the biggest culprits, misspending close to R3-billion.
Makana Municipality – which spent more than R47-million in unauthorised expenditure – tops the list. The Grahamstown-based council, which had an operating budget of R326m in the last financial year, also blew R10.8m in irregular expenditure, while a further R2.4m was lost through fruitless and wasteful expenditure.

Buffalo City Metro tops the list of municipalities with irregular spending, closely followed by O R Tambo DM. BCM misspent R349.3m in irregular expenditure, O R Tambo district R325.4m and KSD R125.9m.

Source: Asanda Nini, Daily Dispatch