Makwetu calls for serious consequences for audit transgressions
Auditor General Kimi Makwetu says that MPs need to decide whether or not his office can further be empowered.
JOHANNESBURG - Auditor-General Kimi Makwetu says there should be serious consequences for audit transgressions, which is why his office should be granted more powers.
On Wednesday, Makwetu reported limited improvements in the audit results of South Africa’s municipalities for the 2015/2016 financial year.
Only 49 out of the country’s 263 municipalities obtained a clean audit, including Cape Town.
While fruitless and wasteful expenditure across all municipalities is down by 20%, irregular expenditure is up by just over 50% amounting to almost R17 billion.
Makwetu says that MPs need to decide whether or not his office can further be empowered.
“How we can enhance the area of consequences by improving what’s been articulated in our powers. And the idea behind it is to say at the end of an audit cycle, like we’re doing now, what must follow from there must be a mandatory schedule of issues that have been identified, which schedule must be handed over.”
(Edited by Zamangwane Shange)