Posts tagged with 'Kimi Makwetu'

 

ANC het Toegelaat dat Munisipaliteite R186 Miljard in ‘n Dekade Steel met Geen Nagevolge of Aanspreeklikheid nie!

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Verslae van die Ouditeur-generaal van die Wet op Munisipale Finansiële Bestuur (MFMA), het onthul dat die afgelope dekade, R186 Miljard uit die rekenings van ANC munisipaliteite verdwyn het weens “onreëlmatige uitgawes“. Die Ouditeur-generaal, Tsakani Maluleke, het onlangs ook verklaar dat daar in die boekjaar 2019/2020, R26 miljard se “onreëlmatige uitgawes” by munisipaliteite was, en dat van die 257 munisipaliteite in Suid-Afrika, het slegs 27 skoon oudits ontvang.

Maluleke het aan die Parlement erken dat die finansiële toestand van munisipaliteite in Suid-Afrika, nog steeds versleg weens ‘n gebrek aan aanspreeklikheid en swak bestuur. 46% van die geld is vir salarisse en vergoeding vir die Raad gebruik, terwyl slegs 2% vir onderhoudsuitgawes gaan. Dit is dus geen verrassing dat die munisipale infrastruktuur in duie stort nie.

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Transnet wasted almost R50 billion, most of which is used to buy trains that cannot be used in SA

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State-owned entities are currently under considerable pressure and there is doubt as to how many of them have the ability to continue without the necessary financial assistance.

This is the opinion of Auditor-General Kimi Makwetu, who last week released a national and provincial auditor’s report for the period 2028-2019 in Cape Town.

He says there are weaknesses in the performance of many entities and the roughly 14 state-run institutions that are heavily subsidized by the state and the ANC government apparently did not contribute much to improving their results.

The 14 institutions also spent R1.4bn on illegal spending, and may be further investigated with further investigations.

Denel, the SABC, SA Express shipping company, and the SA Forestry Company are some of the biggest offenders of wrongful expenses incurred.

With Transnet wasting nearly R50bn, the bulk of which has been used to buy trains that cannot be used in SA, along with Eskom’s nearly R7bn
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14 SOEs rack up more than R1.4 billion in irregular expenditure

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Auditor General (AG) Kimi Makwetu said not one of the 14 big state-owned entities (SOEs) audited by his office received a clean audit, a poorer outcome than last year.

Makwetu was revealing the results of the national and provincial audits for the past financial year at Parliament on Wednesday. He said the financial health of SOEs remained under significant pressure with doubts about whether they could continue operating without further financial help from the government.

Makwetu said the 14 SOEs notched up R1.4 billion in irregular expenditure but warned this figure could rise as four of them – Denel, the SABC, SA Express and the SA Forestry Company could not make full disclosure on this.

Meanwhile, irregular expenditure racked up by Transnet (R49.9 billion) and Eskom (R6.6 billion), who have private auditors, amounted to R57 billion.

“The SA Post Office, for example, has slipped back to a qualified opinion and the Development Bank of SA regressed to a
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