AG:'Leaders whose departments flagged for irregular expenditure need to act'

Auditor-General Kimi Makwetu on Wednesday released the 2018/19 national and provincial audit outcomes.

At a press conference, he called on government leaders to take urgent action to stop these trends, restore accountability so that they can prevent the mismanagement of public funds.

RELATED: 'Irregular expenditure increased by R62.6bn and Free State gets no clean audits'

The Auditor-General's office probed 770 national and provincial departments and entities as well as 14 state-owned enterprises.

Speaking to Bongani Bingwa, Makwetu says leaders in these institutions need to act appropriately when audit matters are brought to their attention.

We are hopeful and we know that to turn around the situation of financial management sometimes take multiple years into the future. We think we are on the right track and we have done the best we can and the response to dealing with these intractable issues still remain in the hands of the leadership.

Kimi Makwetu, Auditor- General

Makwetu highlighted that irregular expenditure increased to R62.60 billion from R52 billion reported last year.

An auditor almost shines a mirror into the soul of an organisation by looking at what the organisation says it has done with the money, applying a number of tests to validate all the things they claim to have done with the money.

Kimi Makwetu, Auditor- General

The majority of public sector institutions' money its care should be used to buy goods and services in order to deliver to the public, he explains.

Because this money changes hands, of thousands of officials across the country, there is always a risk that others will divert it elsewhere.

Kimi Makwetu, Auditor- General

When we pick irregular expenditure, we are picking up situations where officials have ignored the provisions of the law as far as procurement is concerned and have ignored their own policies that govern how they need to buy goods and services.

Kimi Makwetu, Auditor- General

Listen below to the full conversation:


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