The Financial Sector Conduct Authority is investigating Gwamanda for allegedly swindling some residents their monies through an illegal funeral scheme.
Koma says Gwamanda will have no choice but to vacate the seat should he be found wanting.
Gwamanda’s journey to Joburg’s highest office has not been smooth, as the first weekend following his election was marred by reports of him having allegedly scammed innocent people from Soweto through a Ponzi Scheme under his company name, iThemba Lama Afrika.
Meanwhile, Gwamanda’s party counterpart and former Joburg Mayor, Thapelo Amad, remains confident that the city is in good hands.
Written by: Nokwazi Qumbisa