We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

A total disregard for oversight, consequence management and compliance with the regulations of the Public Finance Management Act (PFMA) by top management in the department of defence (DOD), are among the reasons the department’s financials remain in a mess.

A provisional and scathing management report on the auditor-general of SA’s (AGSA) audits of the department’s affairs is blunt in its findings: leadership did not review nor monitor compliance with supply-chain management (SCM) laws. In fact, in 90 of the completed 122 investigations into alleged fraud in the past financial year, no appropriate action was taken as per the recommendations of the investigations...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.