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Auditor General Kimi Makwetu has given Prasa a disclaimer of opinion in its 2018/19 annual report, saying management did not properly account for assets, fare revenue and other financial information.
The Public Investment Corporation is working on boosting staff morale and restoring its image, but interim chair Reuel Khoza says "much more" must be done to rebuild it after two governance interventions and a year of intense public scrutiny.
According to the Public Service Commission's financial statements, it spent R5.3m in 2018-19, of which around 40% went to service providers other than SITA.
The Auditor General has been given more teeth, and should be allowed to use them, Parliament’s Standing Committee on Public Accounts and the Standing Committee on the Auditor General have said.
In the past, auditors failed to correctly identify it, Public Enterprises Minister Pravin Gordhan has said.
Approximately 93% of irregular expenditure in government departments and entities has never been followed up on, according to the Auditor General’s office.
Two chief directors in the office of North West Premier Job Mokgoro have been suspended for allegedly defrauding the province of almost a quarter of a billion rand over a two-year period.
Parliament's presiding officers have once again expressed concern over reports of threats levelled at audit managers of the Auditor-General's office, working in the Emfuleni, Tshwane, Madibeng and Moretele municipalities.
National Treasury will seek a condonement in the 2018/19 financial year over the misplacement of a memo which caused the department to incur irregular expenditure amounting to R768.9m, according to Auditor General Kimi Makwetu.
Nedlac has been slapped with a qualified audit opinion in its annual report after incurring some R1m in irregular expenditure and not initially disclosing it in line with the PFMA, says the Auditor General.
Irregular expenditure among the entities under the Department of Public Enterprises went from R31.4bn in the 2017/18 financial year to R86.2bn in the 2018/19 financial year.
Denel's bad reputation had a "draining impact" on its financial position, as the arms manufacturer recorded a net loss of R1.5bn, said CEO Danie du Toit.
Irregular expenditure at National Economic Development and Labour Council went up from R1.4m in 2018 to R11.5m in 2019. The irregular expenditure reflected from 2018 is the subject of a disciplinary inquiry.
Auditor-General Kimi Makwetu has released the 2017/2018 municipal audit report in Pretoria.
Collins Letsoalo says he will lodge a complaint of fraud against a journalist to enable police to investigate who created a "manufactured" auditor general report that he says tarnished his name as a dedicated civil servant.
The Auditor General will now be able to compel accounting officers to implement remedial action recommended to rectify financial irregularities.
Attacks on officials of the Auditor-General is a direct attack on the constitutional mandate of the office, says the Standing Committee on the Auditor-General.
Auditor General Kimi Makwetu has given Prasa a qualified audit opinion on its latest annual report and financial statements, saying he is uncertain Prasa can continue as a going concern.
Auditor General Kimi Makwetu has called for tighter controls in the financial sector, lamenting high rates of irregular spend.
Auditor General Kimi Makwetu has said the commission not only incurred millions in irregular expenditure but also exceeded its approved budget.
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