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Only one SOE achieves clean audit

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Johannesburg – Of the 10 major public entities audited by the Auditor General South Africa (Agsa), only one received a clean audit opinion.

According to the audit report released on Wednesday, the Armaments Corporation of South Africa (Armscor) is the only state-owned enterprise (SOE) which received a clean audit opinion.

Armscor sustains its “clean audit” status from the previous year. Among the reasons which have contributed to this include financial and operational information that is “reliable”.

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