Loading...
See More

Public works 'under administration'

Feb 21 2012 17:19 Sapa

Related Articles

Public Works looks to Gordhan for help

AG gives Public Works the red card

Public Works can't account for R2.1bn

Public Works used as cash cow - minister

State seeks to annul police office leases

Nxesi eyes Public Works clean-up

 
Johannesburg - The public works department is "technically under administration", Public Works Minister Thulas Nxesi told parliament on Tuesday.

"So, technically speaking we are already under administration because we are calling for help from different departments to work with us until we are able to walk on our own," he told the portfolio committee on public works, according to SABC radio news.

Nxesi was briefing parliament on the remedial actions his department was taking, after it received a disclaimer from the auditor general for the 2010/11 financial year.

This is the worst possible audit opinion, and means the AG could not get enough information to form an opinion on the state of the department's finances.

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
2 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

Retailers of any shape and size can now unlock the power of mobile transacting.
 
 

3 sports games you have to watch this weekend

Whether it’s date night or a braai with buddies, plan around these three exciting sporting games!

 
 

Men24.com

Everyday struggles of naturally skinny guys
And this year's Miss Bumbum title goes to...
How to maintain your mo, bro
Hottie of the day: Colette

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...