Cabinet willing to do whatever is needed to fix financial controls
But minister Jeff Radebe says the Cabinet has not discussed suggestions about reviewing the law to give the auditor-general teeth
The Cabinet says it is willing to take any measures necessary to improve financial controls, Minister in the Presidency Jeff Radebe says. Auditor-general Kimi Makwetu’s latest report showed an almost 80% surge in irregular expenditure by government departments and their entities, to more than R46bn. The Cabinet was concerned about that increase, Radebe said at a media briefing in Parliament. "We are worried about the audit outcomes," Radebe said. "We are taking measures to curb the impact of these audit outcomes and improve controls. "There has been an improvement," he said. "Ministers are being called upon to ensure that these failings do not reoccur." While the 8% overall improvement in audit outcomes should not be ignored, Makwetu said, failure to spend and procure by the book left the door open for conflicts of interest and graft. The ANC highlighted an improvement in the number of clean audits, from 122 to 142, which it said showed the government was committed to sound financia...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.