SOUTH AFRICA: Financial controls in government departments and municipalities were slackening, Auditor General Terence Nombembe has found.
More than half of government departments were unable to provide ‘credible and quality information’ in their financial reports, Business Day reported today.
This threatened the government’s ability to carry out its obligations.
Only 43 percent of national departments achieved clean audits, and only 18 percent of municipalities, the AG told a public sector forum, convened by the Institute of Internal Auditors, yesterday.
Supply chain management regulations were adhered to by only 43 percent of national departments and 22 percent of municipalities.
Accountant General Freeman Nomvalo said for the last three years government departments had doubled their irregular expenditure annually, which created opportunities for public officials to loot funds.