Presidency writes off R5.8m

2010-10-04 22:01
Johannesburg - The presidency has lost office furniture and computer equipment worth R5.8m in seven years and incurred irregular expenditure of R939 000.

"The assets amounting to R5.8m, which have been written off, date as far back as 2002 up to last year," the presidency said in a statement on Monday.

"These assets relate to office furniture and information technology equipment. They were written off because they could not be located or accounted for over the years."

The R939 000 in irregular expenditure was due to "emergency situations" where officials were expected to procure services before an official order could be generated.

"This practice is also being looked at to ensure that our system is able to generate orders even in emergency situations."

Beeld reported on Saturday that the presidency further incurred unauthorised expenditure of R17m.

The figures are contained in the presidency's 2009/10 annual report.

The presidency's audit did however not receive any disclaimers from the auditor general.

It had put in place systems to rectify the "weaknesses" and ensure there was "proper and improved financial accountability". It had implemented an asset management system to make sure office equipment was properly accounted for.

"These anomalies are identified through our internal controls and voluntarily disclosed to auditors. In this manner, we are entrenching a culture of accountability and the ability to detect problems and solve them in our financial management system.

"We have introduced the correct approach and it is bound to work,'' said minister in the presidency responsible for administration, Collins Chabane.

In general, the presidency was pleased with the annual report, which was tabled in Parliament at the end of September.

Read more on:    collins chabane

SHARE:

Read News24’s Comments Policy

Inside News24

 
/News
Horoscopes
Aquarius
Aquarius

The world of reality has its limits, but the world of imagination is boundless. Right now you need to find a way to bring your...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.