Vhembe district municipality is one of the municipalities which had invested heavily in the now liquidated VBS mutual bank.The district municipality has incurred more than R1 billion in wasteful and fruitless expenditure.
It’s one of the municipalities which had invested heavily in the now liquidated VBS mutual bank where it had deposited more than R300 million.DA leader Jacques Smalle says service delivery is being compromised. He says, “It’s clear that not only were politicians involved in the maladministration but officials were also involved. We are seeking that the municipality must urgently be placed under Section 139 where the powers and functions are taken over by government. We cannot allow more than one million people to be negatively affected due to maladministration.”
Only if DA disbands first
We heard enough about Our_DA on blacks . . . let them go talk to FNB and ABSA on discrimination of blacks on bonds and retrenchments of workers, respectively.
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