Housing contracts of R4bn investigated

2012-09-30 18:34
An RDP house (Duncan Alfreds, News24)

An RDP house (Duncan Alfreds, News24)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

kalahari.com

  • Cape Town
    The story told in these pages is both immensely readable and endlessly interesting, and is sure to... Now R399.00
    buy now

Cape Town - The total value of housing contracts being probed by the Special Investigation Unit (SIU) stood at R4 billion, President Jacob Zuma said on Sunday.

Replying in writing to a parliamentary question, Zuma gave an update of the status of the SIU's investigations.

In respect of the human settlements department, the president said 59 low cost housing contracts were identified by the SIU for investigation.

"From the aforementioned 59 contracts, the investigations into 42 contracts have been completed and the investigations into 17 contracts are still on-going across seven provinces," said Zuma.

Some of these contracts dated back to as far as 1996.

The investigations started in April 2007 and were originally due for completion by 2010, but the deadlines were extended several times.

The probe into the alleged misappropriated housing subsidies was done in March and a final report was being prepared.

"The estimated date for the conclusion of the remaining investigation is 30 April 2013," said Zuma.

The president said the SIU had already made several "systemic findings" on the 17 contracts which were still being probed.

These include non-compliance with the Housing Act and National Housing Code as well as contraventions of procurement procedures.

Findings

Zuma said other findings by the SIU include:

- Fruitless and wasteful expenditure amounting to R27.9m for certain investigations;

- Potential losses estimated at over R71m suffered by provincial departments;

- Potential recoveries amounting to over R100m in respect of certain investigations;

- Various instances of misconduct by officials, employees or agents of the institutions; and

- Possible criminal charges against some of the previous and/or current heads of departments.

The intention of the probe was to uncover the mismanagement and misuse of taxpayers money allocated to low cost housing projects since 1994.

- SAPA
Read more on:    siu  |  cape town  |  tenders  |  housing
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
33 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/Sport

Jobs in Cape Town [change area]

Jobs in Western Cape region

Mobile Developer (Android)

Western Cape
Datafin Recruitment

E-Commerce Manager

Western Cape
Standing Tall: Recruitment And Advisory a division of Purple Cow Adventures

Demand Planner

Cape Town
DAV Professional Placement Group
R550 000 Per Year

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Deal of the week!

20% off Afrikaans books, music and DVDs. Offer valid while stocks last. Shop now!

Save up to R1000 on Hisense smartphones!

View the large range of Hisense smartphones. Buy today and save up to R1000!

Hot gaming titles – available for pre-order!

Call of Duty: Advanced Warfare Day Zero Edition, Far Cry 4, Grand Theft Auto 5 and more. Pre-order now!

Get a free eBook

Buy 3 eBooks and get the cheapest FREE. Offer valid while stocks last. Shop now!

Bargain box – 60% off

Reduced prices, very limited stock. While stocks last. Hurry and shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

Power and leadership are emphasized today. It is important to strategize and delegate well otherwise you may end up with too much...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.