Eastern Cape Premier, Oscar Mabuyane has vehemently denied having any involvement in the embezzlement of R450 000 from the embattled Mbizana Municipality.
As reported by SABC News, at the time Mabuyane was elected as the Premier of Eastern Cape, he had yet to answer to questions around why R450 000, allegedly extracted from R1.1-million that was commissioned from the municipality for no work done, went towards paying for renovations of his home in Bunkers Hill, East London.
Where did Oscar Mabuyane get money to renovate his home?
Earlier in the year, reports came out revealing that, for the most part, corruption and maladministration were the chief contributors to the downfall of the Mbizana Municipality.
A forensic investigation was launched to look into how the municipality found itself under financial administration.
According to reports, Mabuyane had allegedly benefitted from a contract between the municipality and Lonwabo Bam, a businessman from Umthatha.
Bam admitted, in a sworn affidavit, that he had submitted an invoice of an estimated R1.1-million to the municipality for work that was never done. This, he revealed, was done under the instruction of ANC treasurer, Babalo Madikizela.
Mabuyane rubbishes allegations as ‘orchestrated attack’
Both Bam and Mabuyane have, in their defence, pointed at Madikizela as the benefactor of the siphoned money. The Eastern Cape Premier too revealed that the R450 000 that was electronically transferred to his the construction company that oversaw the home renovations.
For Mabuyane, this was merely a personal loan from his fellow comrade, with repayment conditions that he has agreed on with Madikizela.
The Premier categorically denied that he had knowingly siphoned money from the embattled municipality. According to him, this was a targeted attack to tarnish his character.
“There is no money from Mbizana that was stolen. The agreement between myself and the provincial treasurer has been resolved. This is malicious. We are ready to work with speed,” Mabuyane said.
This report does not necessarily reflects the opinion of SA-news.