Top investigating unit saves govt R8 billion
The Citizen|October 16, 2024
The government saved about R8 billion in the 2023-24 financial year due to the Special Investigating Unit's (SIU) work, it said yesterday. It also recovered actual cash of R2.28 billion - the most in its 27-year history.
Nicholas Zaal

These results stem from effective investigations into corruption and maladministration, speedy litigation and recovery of funds, it said yesterday.

In addition to these recoveries, the SIU prevented a further R2.32 billion in potential state losses and secured cash to be recovered from the acknowledgement of debt and admission of liability agreements to the value of R1.6 billion.

“In our pursuit of rectifying irregular administrative decisions, the SIU successfully set aside contracts worth over R2.13 billion through the Special Tribunal and the High Court of SA” the independent statutory body said.

“This legal action ensures that public funds are recovered, not squandered, and redirected to serve public purposes.

هذه القصة مأخوذة من طبعة October 16, 2024 من The Citizen.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 16, 2024 من The Citizen.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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