R50bn irregular govt expenditure a sign governance is regressing - Themba Godi

Auditor-General Kimi Makwetu revealed that government departments and state entities were responsible for at least R50 billion in irregular expenditure.

He added that the irregular spending racked up by government and SOEs could still rise due to some unfinalised audits.

Read on EWN: Irregular expenditure: the Top 10 offenders

Makwetu briefed Parliament’s Standing Committees on Public Accounts and appropriations on Wednesday on the audit results for the past financial year.

Also read: Bill proposes 2-year limit for auditors at companies they audit

The committee's chairperson, Themba Godi, says the results show that there is a disregard for legislation and due process.

Godi says it's disappointing to see that governance appears to be moving backwards in a number of areas.

He believes that the Auditor-General should be empowered with the legal authority to both report and commision investigations.

I personally felt a pinch of disappointment to realise that, on almost all fronts, we are not making progress.

Themba Godi, Committee chair for Parliament's standing committee on public accounts

It's one thing to say that we are not out of the woods yet, and it's another to realise that we are actually moving backwards on a number of areas.

Themba Godi, Committee chair for Parliament's standing committee on public accounts

It's almost like governance broadly is not strengthening, we're moving backwards. That's the worrying factor.

Themba Godi, Committee chair for Parliament's standing committee on public accounts

Listen to the entire discussion on The Xolani Gwala Show:


This article first appeared on CapeTalk : R50bn irregular govt expenditure a sign governance is regressing - Themba Godi


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