When will govt spending task team report, asks DA

The Democratic Alliance (DA) is to approach Public Service and Administration Minister Richard Baloyi regarding the status of the task team set up to review government spending.

A recent report by the Auditor General brought to light that PetroSA and the Central Energy Fund (CEF) had chalked up nearly R40 million in fruitless and wasteful spending during the past financial year, DA spokesperson Sejamothopo Motau said today.

It was also found that PetroSA and the CEF had collectively incurred irregular expenditure of nearly R1 million.

According to the report, PetroSA incurred R24.45 million in fruitless and wasteful expenditure, and R682 000 in irregular expenditure.

The CEF incurred R15.15 million in fruitless and wasteful expenditure, and R309 000 irregular expenditure.

“To date, the ANC administration has squandered over R1 billion from the public purse on frivolous parties, self-congratulatory advertorials, World Cup tickets and its inability to exercise due caution when spending funds,” Motau said.

Government had yet to announce a clear strategy aimed at curbing wasteful spending in the public service, which seemed to indicate that squandering of public finances would continue unabated.

The DA would once again write to Baloyi to enquire about the status of the task team set up by government over a year ago to review government spending and would request that he inform them when its findings would be announced.

“The DA wrote to the Minister on this important issue in July 2010 and we are yet to receive a response from him,” Motau said.

The AG’s findings reaffirmed the urgency of addressing the issue of irresponsible public spending.

PetroSA, the CEF’s flagship company, reported a loss of R356 million for the past financial year.

This could have been avoided if the responsible officials had exercised due diligence and vigilance.

While the energy department itself did not incur any fruitless and wasteful expenditure, it did incur irregular expenditure of R4.2 million.

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For only R75 per month, you have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.
Subscribe to News24
Lockdown For
DAYS
HRS
MINS
Voting Booth
As a child or as an adult, have you ever been a victim of bullying?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, at school
55% - 4150 votes
Yes, at work
18% - 1348 votes
No, I've never experienced this
27% - 2077 votes
Vote
USD/ZAR
14.28
(+0.3)
GBP/ZAR
19.78
(-0.4)
EUR/ZAR
17.17
(+0.2)
AUD/ZAR
11.04
(-0.1)
JPY/ZAR
0.13
(+0.3)
Gold
1,785.25
(-0.5)
Silver
26.32
(-0.9)
Platinum
1,215.13
(-0.2)
Brent Crude
65.32
(-1.9)
Palladium
2,846.25
(-1.2)
All Share
66,975
(-0.3)
Top 40
61,187
(-0.4)
Financial 15
12,110
(-0.1)
Industrial 25
86,694
(-0.1)
Resource 10
68,723
(-0.8)
All JSE data delayed by at least 15 minutes Iress logo