uditor general Tsakani Maluleke on Friday told MPs the ongoing failure of government entities to respond swiftly to auditing red flags meant the state was unable to recover vast sums in financial losses.
She said the estimated financial loss for matters flagged by her office came to R12 billion in 2022. Of that sum, R1 billion was recovered and returned to the state. “But if we are considering that we are in a season where we are all worried about efficiency of spend and resource protection, it is definitely much better to prevent problems in the first instance and then to act quickly when things go wrong, so that you are not waiting for so long that your ability to collect what is due to you or to recover losses is constrained.
“Then the bigger departments, the ones that have the greatest impact from a service delivery point of view, they are the ones that struggle to compile financial statements and run their affairs in a way that is characterised by transparency and accountability.
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