Joburg's new Financial Misconduct Board to 'fight corruption and theft of city's resources'

30th November 2022 By: News24Wire

 Joburg's new Financial Misconduct Board to 'fight corruption and theft of city's resources'

Joburg Mayor Mpho Phalatse

The City of Johannesburg has shortlisted independent candidates to serve on the Financial Misconduct Board (FMB).

The FMB is the city's disciplinary board, renamed and reconstituted, to fight corruption and the theft of the city's resources. 

The council adopted it on 27 May, and candidates were shortlisted on Monday after calls to the public, which closed on 18 August 2022.

Joburg Mayor Mpho Phalatse said the new board was a further step towards getting the body working "to root out the theft of city resources by city and entity officials working for self-gain".

She said the FMB gave certain powers to the mayor, mayoral committee, and the city manager to improve the board's implementation and functionality.

"Furthermore, in order to ensure its independence, at least three of the five members of the FMB will be external appointments."

The FMB will be mandated to:

"The Joburg multiparty government is eager to induct the FMB and get it working so that matters relating to the misuse and abuse of residents' money are thoroughly investigated and acted upon," said Phalatse.

"This is certainly a significant step towards rooting out corruption in the city."

At the adoption of the FMB on 27 May, Phalatse said by agreeing on the new board, the council "recognises the shortcomings of the now former disciplinary board to fight and eradicate nefarious acts by city officials and eliminates the confusion between the FMB and other disciplinary structures within the city".