City Power launched a disciplinary and legal process to eradicate fraud and corruption.
City Power in Johannesburg says it has launched a comprehensive disciplinary and legal process to eradicate fraud and corruption within the organisation. This comes after a forensic investigation uncovered serious financial irregularities.
City Power CEO Tshifularo Mashava says the investigation revealed that some employees had approved payments for contractors’ invoices that contained equipment sourced from City Power’s own stores. The investigation which was initiated in October 2023 has led to the identification of 15 employees who will be subject to disciplinary action, with one employee facing criminal prosecution.
City Power spokesperson, Isaac Mangena explains, “One of the contractors invoiced City Power for a mini substation that already belonged to the entity, with the approval of a manager. This contravened the Code of Conduct for Municipal Staff Members contained in Schedule 2 of the Municipal Systems Act. The internal investigation was initiated on 18 October 2023, following concerns raised by our Group Executive for Operations, Charles Tlouane, regarding procurement and invoicing processes.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
City Power concedes that they've had challenges in billing system - SABC NewsCity Power has conceded that they've previously had challenges in terms of their billing system.
Read more »
Lungile Binza appointed SABC Chief Operating Officer - SABC News - Breaking news, special reports, world,Binza has been serving as the SABC's Acting COO since February 2024.
Read more »
Real's Ancelotti dismisses talk of Man City being underdogs - SABC NewsReal came back to win 3-2 late on against City at the Etihad last week.
Read more »
Opposition parties express disapproval of Mahikeng smart city project - SABC NewsA tug-of-war in North West over the multi-billion rand Mahikeng Smart City development
Read more »
Deadly illness in Congo may be malaria, health officials say - SABC News - Breaking news, special reports,The WHO said it had identified 1 096 cases and 60 deaths fitting the definition of the illness.
Read more »
A rush to register spaza shop businesses as deadline looms - SABC News - Breaking news, special reports,Spaza shop owners in Mpumalanga are rushing to register business before Friday's closing date.
Read more »