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LETTER: Fire errant accountants, department heads

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South Africa Headlines News

SA needs to show it is serious about financial mismanagement and corruption

21 November 2019 - 16:32Auditor-general Kimi Makwetu released a very bleak picture of the management of national, provincial and local government finances on Wednesday. These show a sharp increase in irregular expenditure by government departments and state-owned entities .

There are simply no consequences of failing to adhere to the Public Finance Management Act. As a result, too many public sector employees are there solely to loot state coffers. Most of the mismanagement of funds is perpetrated by supply chain managers and other government employees, to favour their families and friends who do business with the state.

 

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