The investigation had reported irregularities of R111.746 million relating to double payments, overpayments, material paid for but not received, agreements that had to be renegotiated and programme titles acquired more than once from the same supplier.
SHOOT: That and other phantom expenses. Disgusting. They deserve to go bankrupt.
“From the briefing we received this morning, I think we have before us a monumental failure of the executive management around financial controls and management at the SABC,” he said.
“We had a gut feeling that the rot had set in, but I must say that this morning when we got the briefing I was shocked at the extent of the rot.” One of the findings in the 72 page report included irregularities in the awarding of seven tenders valued at R174 million, between September 2007 and June 2009.
“Evidence could not be found that a total of seven tenders awarded for an aggregate amount of R174,069 million were approved according to the appropriate levels stipulated in the Delegation of Authority Framework,” the report said.
The report said R11.3 million had been paid out in September 2007 to June 2009 to a private travel company for travel arrangements. This was in contravention of the SABC’s travel policy which requires all such travel arrangements to be made via the SABC’s own travel office.