Brind.
  1. Municipalities are accruing debt to Eskom.
  2. National Treasury withheld equitable share transfers from 69 municipalities and offered a debt relief program for Eskom.
  3. Reports detail the severe financial mismanagement of local government, resulting in unaccounted or unspent funds being returned to the central treasury.

Recovered assets are returned to the National Treasury.

1 report, 1 independent Updated Jul 27
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What happened

Some supportReported by 1 outlet

Recovered assets are returned to the National Treasury.

Who's involved

What this event is mainly about
National TreasuryJinggoy Estrada

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Part of

Reports detail the severe financial mismanagement of local government, resulting in unaccounted or unspent funds being returned to the central treasury. All 2 developments

Within Municipalities are accruing debt to Eskom.

The entities involved

Related events

Coverage

Newest first; wire copies grouped
  • sunstar.com.phMarcos: Nearly P25B in flood control corruption assets recovered, frozen