It has now emerged that the Dr Ruth Segomotsi Mompati District Municipality in Vryburg had actually invested R101 million, not the R150m previously stated.
Records in the “Greatest Bank Heist” report compiled by advocate Terry Motau have indicated that the municipality had invested only R101m with VBS. But municipal manager Jerry Mononela said in a forensic report commissioned by the North West provincial government that the municipality had invested R150m.
The Sekela Xabiso forensic report indicated that Mononela fully co-operated with their investigations, while former chief financial officer Segomotso Phatudi - who invested the cash in February and March - refused to co-operate with the investigators.
Now opposition parties in the district municipality want mayor Boitumelo Mahlangu to resign and have expressed their outrage after an indefinite postponement of a council meeting which was due to be held tomorrow. The EFF and DA wanted the issue of the missing millions to be discussed, among others.