City of Johannesburg mayor Dada Morero has dismissed allegations that R4 billion vanished from the Joburg Water bank account. The allegations were shared by, among others, DA Joburg mayoral candidate Helen Zille, who claimed the money had been allocated for water maintenance. Watch Zille speak on Joburg Water’s ‘missing’ R4 billion😱 R4 billion was allocated for water maintenance in Johannesburg, and suddenly, it has vanished! All accounts follow a standard naming convention, such as ‘COJ Joburg Water’ and are linked to a central banking profile managed by Group Treasury,” explained Morero. ALSO READ: Rand Water maintenance deepens Joburg water crisis“The purpose of sweeping is not to remove or hide money, but to manage the city’s overall liquidity efficiency.