The CityofTshwane’s financial statements for the year ended June 30 2022 are such a mess that the Office of the AuditorGeneral has issued its first-ever adverse audit opinion for the country’s capital. Moneyweb Finance
The City of Tshwane’s financial statements for the year ended June 30 2022 are such a mess that the Office of the Auditor General has issued its first-ever adverse audit opinion for the country’s capital. This news leaked on January 3, before AG Tsakani Maluleke was able to present it to the full council at a meeting scheduled for January 26. It has been confirmed by Mayor Randall Williams in a statement issued by late yesterday afternoon.
” Republican Conference councillor Lex Middelberg, who was cited as a party in Banda’s court application, said in response to the audit outcomes: “No explanation will be adequate. The attempt to pin the failure on the CFO failed when the city had to settle with him on the last day of December.
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