This comes a week after the National Assembly's portfolio committee on agriculture, rural development and land reform recommended that the board be placed under administration.
“We are told by this committee that we are not following the provisions of the PFMA [Public Finance Management Act] but no specific reference of that is brought to our attention, neither do we find that in our audited financials on a yearly basis which are presented to this committee,” he said.He said an impression was being created that the Ingonyama Trust was a multibillion-rand organisation with hidden funds, which was not the case.
“The committee says don't collect the money at all, from leases or anything else. It doesn't say where the trust must get money from in substitution of the money that we get.
With the money it got from government
a leech on the government, too much concessions to make them happy, its time they pay taxes tooo!!!!
Just leeches then? IngonyamaTrust
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