SIU goes after R6.5 trillion tech giant

The Special Investigating Unit has said that it would institute proceedings to blacklist US tech giant Oracle after an investigation found that an R822-million contract awarded to them was “irregular.”, a four-year investigation by the SIU found that a contract awarded by National Treasury back 2015 was irregular, supply chain management policies were not followed, there was a conflict of interest, and expenditure was fruitless and wasteful.

Last year, the SIU had told Scopa that after the eight years since the awarding of the contract, all Treasury had to show for its R822 million was a single computer running a prototype system somewhere in Pietermaritzburg. Chief national investigations officer at the SIU, Leonard Lekgetho, said their investigations found that “there was a corrupt senior official at National Treasury that was involved in the award of the contract to Oracle,” as well as other officials in the department.

Conversely, Treasury’s director-general Duncan Pieterse told Scopa that they “disagree with findings.”

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