{
  "id": 16016180,
  "title": "Treasury proposes personal liability for municipal officials over wasteful spending",
  "url": "https://urgent.news/2026/10/22/treasury-proposes-personal-liability-for-municipal-officials-over",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-22T08:00:00.000Z",
  "source": {
    "name": "IOL",
    "slug": "iol",
    "url": "https://iol.co.za/capetimes/news/2026-10-22-treasury-proposes-personal-liability-for-municipal-officials-over-wasteful-spending/"
  },
  "original_language": "en",
  "account": null,
  "summary": "National Treasury has proposed amendments that could make municipal officials, political office-bearers and board directors personally liable for certain unauthorised, irregular, fruitless and wasteful expenditure.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Hindustan Times - World News",
        "title": "US Treasury yields hold steady as investors await economic data ahead of Fed rate decision on October 28",
        "url": "https://urgent.news/2026/10/21/us-treasury-yields-hold-steady-as-investors-await-economic-data-ahead",
        "published": "2026-10-21T11:17:09.000Z"
      },
      {
        "outlet": "IOL",
        "title": "National Treasury proposes new law to hold municipal officials personally liable for waste",
        "url": "https://urgent.news/2026/10/22/national-treasury-proposes-new-law-to-hold-municipal-officials",
        "published": "2026-10-22T06:00:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}