Auditor-General: Billions lost to fraud and non-compliance

Johannesburg Mayor Kabelo Gwamanda.
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CAPE TOWN – While billions of rand has been lost due to fruitless and wasteful expenditure over the years, Auditor-General Tsakani Maluleke says previous compliance and accountability lacks are slowly improving.
In the 2022/23 Public Finance Management Act report, 266 material irregularities on non-compliance and suspected fraud resulted in a financial loss of about R14-billion — a fraction of which has been recovered.
Maluleke says threats against her staff have also not stopped.