Five things you need to know about the SABC annual report
The Standing Committee on Public Accounts took the SABC to task after the release of its 2015-16 annual report — and the details are shocking
The SABC dropped a bombshell late last night with its 2015-16 annual report — and it’s a big deal. In Cape Town on Wednesday‚ the Standing Committee on Public Accounts (Scopa) took the SABC’s executives to task as they asked difficult questions about expensive issues, among them: 1. Hlaudi’s salary: According to the financial statements‚ former chief operating officer Hlaudi Motsoeneng earned R4.1m. Broken down this is a R2.5m basic salary‚ a 13th cheque of R213,000‚ expenses and other allowances of R945,000 and employer’s contribution to medical aid and pension funds of R485,000. 2. Irregular spending: The auditor-general found a total of R5.1bn in irregular‚ wasteful and fruitless expenditure — a complicated accumulation of money spent without following correct policies and procedures in 2015 and 2016. Here’s a breakdown of how that money was spent: • Payments without a contract in place — R40.9m (compared to R13.4m in 2015) • Procurement processes not followed — R16.2m (down from...
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