Three-year exemption given to power utility from reporting on corrupt or wasteful expenditure highlights Treasury’s communications weaknessThe Treasury did itself no favours with a hopelessly late communications strategy for the release at the weekend of a government gazette which seemed to grant Eskom a three-year exemption from reporting on any corrupt, fraudulent, irregular or wasteful expenditure.
As it turns out, the exemption has more to do with the dysfunctions caused by the Public Finance Management Act and the auditor-general’s often nit-picking approach to state-owned enterprise audits than it does with any desire for secrecy on the part of Treasury or Eskom.
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EDITORIAL | It’s hard to believe Godongwana’s Eskom exemption is the way to goThe finance minister’s latest measures look more like a cover-up than a much-needed solution to Eskom’s problem
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