News24.com | Auditor-General in talks with Treasury to recoup R150m spent on auditing Covid-19 corruption

Auditor-General Tsakani Maluleke.

Auditor-General Tsakani Maluleke.

  • AGSA is in discussions with Treasury to recoup the R150 million it spent on real-time audits of Govt’s Covid-19 reduction equipment.
  • This could perchance deal with the R57 million shortfall in its budget for 2020/2021.
  • The real-time audits had been no longer budgeted for.

The Auditor-General of South Africa (AGSA) is participating with Nationwide Treasury to recoup the R150 million it spent on real-time auditing of Covid-19 procurement.

Final year, when authorities announced its R500 billion Covid-19 reduction equipment, President Cyril Ramaphosa asked AGSA to plot real-time auditing on these measures.

Presenting the Standing Committee on the Auditor-General with AGSA’s strategic knowing for 2021 to 2024, Auditor-General Tsakani Maluleke talked about AGSA will possess a budget deficit of R57 million for the 2021/2022 financial year, which procedure that they’ll possess to plot on their reserves.

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“This could perchance possess a unfavorable affect on our money veil going forward,” reads Maluleke’s presentation.

After DA MP Haniff Hoosen expressed his drawback in regards to the projected shortfall, Maluleke talked about that is also “diminished” as soon as AGSA purchased fee for the R150 million it spent on the true-time audits.

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“We possess now yet to assemble the final note thing about that money advantage,” she talked about, adding that AGSA continues to want with Treasury on the matter. She talked about if the matter is no longer resolved in two to three weeks, she’ll turn to the committee for advantage.

She talked about they tried to recoup as worthy of the prices from the auditees as imaginable, but this used to be no longer continuously imaginable. Furthermore, that work used to be no longer budgeted for, since it used to be necessitated by the pandemic.

Two weeks in the past, Maluleke introduced the findings of these real-time audits to the committee.

AGSA found that one of the most initiatives had been deserted or redirected, whereas others didn’t assemble the specified dreams.  

Furthermore, AGSA uncovered unfairness in the awarding of authorities industry and found insufficient steps to cease overpricing, financial loss, fraud, and abuse of the machine.

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