Mangaung Metropolitan Municipality in the Free State (Bloemfontein, Botshabelo, Thaba Nchu). First metro placed under national Section 139(7) intervention (April 2022). Irregular expenditure exploded from R32.7M to R1B in two years. Owes Bloem Water ~R1B. 80% of debt irrecoverable. 49% water losses. Less than 30% of recovery plan implemented by 2024.