Salga to force implicated officials to pay back funds
"In cases of corruption, a person resigns and then moves forward. In FTLM, the former MM resigned after having been suspended for 10 months. When she was supposed to take part in the disciplinary hearing, she resigned.
SEKHUKHUNE – Municipal officials who resigned from their positions after having been implicated in the Venda Building Society (VBS) saga, will be forced to pay back the money.
This is according to the South African Local Government Association’s (Salga) president, Thembi Nkadimeng. She spoke at the end of a two-day national executive committee meeting held in Polokwane recently.
The Fetakgomo Tubatse Local Municipality (FTLM) is among the seven Limpopo municipalities that invested more than R1,6 billion in the controversial VBS Mutual Bank in the 2017/18 financial year.
FTLM illegally invested R240 million. This resulted in the mayor, Johannes Phokane, and municipal manager, NP Busane, resigning from their positions.
The bank was placed under curatorship following its inability to pay out funds to the affected municipalities and its clients.
Nkadimeng said the funds received by the municipalities should be accounted for as they are meant to deliver services to the communities.
ALSO READ:
https://steelburgernews.co.za/284337/ftlm-hires-a-clerk-as-a-director/
“In cases of corruption, a person resigns and then moves forward. In FTLM, the former MM resigned after having been suspended for 10 months. When she was supposed to take part in the disciplinary hearing, she resigned.
“Our resolution as Salga is to have the money paid back and we will assist the municipality to take legal action against the former MM.”
