(Source: DA - Democratic Alliance) DA welcomes unprecedented Treasury intervention in corrupt ANC-led Nala Municipality David Ross, Shadow Deputy Minister of Finance 17 January 2013 Yesterday, National Treasury informed me that the transfer of funds to the ANC-led Nala Municipality in the Free State has been stopped following four years of financial mismanagement as identified by the Auditor-General (AG). This is the first time such an intervention has taken place. Section 216(2) of the Constitution dictates that National Treasury "may stop...
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