Ngamela Phakade, 50, appeared in the Mthatha serious commercial crime court on Friday and was released on R20,000 bail. He will appear in court again on November 18.
The municipality budgeted for R18m, but under the watch of Phakade, the accounting officer, expenditure drastically increased to R36m, with an actual loss of R18m. “Phakade, a former municipal manager, allowed the process to go through without doing due diligence in ensuring that the aforesaid relevant policy had been complied with.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: