Peters: Sanral receives clean audit
Fin24

Peters: Sanral receives clean audit

2014-09-17 19:49

Johannesburg - The SA National Roads Agency Limited (Sanral) has received a clean audit, which shows its financial statements are credible, Transport Minister Dipuo Peters said on Wednesday.

"The ministry of transport, under whose mandate Sanral operates, is pleased that the agency has received yet another clean audit from the office of the auditor general of South Africa," Peters said in a statement.

This bolstered public confidence in Sanral's sound financial management, with their financial statements credible and complying with all statutory requirements.

"In short, everything was accounted for and all monies were properly spent and managed, despite various challenges that were faced," Peters said.

"The audit will go a long way in increasing Sanral's transparency and accountability while demonstrating commitment to meeting the requirements of the Public Finance Management Act at the state-owned company."

Peters said Sanral was an engine room of South Africa's economy, because its well-maintained, safe national roads network and bridges drove the wheels of economic growth and empowerment.

"As a credible custodian of taxpayers' money and investor funds, it is thus imperative that there are no deficiencies in internal financial control," the minister said.

Government, represented by the ministry as its sole shareholder and owner of Sanral, congratulated Sanral's board, CEO Nazir Alli and his team for the clean audit.

It augured well for Sanral's continued initiatives in transport, education, road safety and community development.

Comments
  • Tseky Lovelace - 2014-09-17 19:57

    Someone paid to get clean audit and u came here and tell us all monies was used accordingly, referring to monies u stole from coward motorist who opt to pay the damn tolls.u aint getting any monie from me.

      Made-In SA - 2014-09-17 20:23

      There is already a fuel levy of R2,25 for every litre of fuel sold specifically earmarked for Scamrail for road maintenance.Where is all that billions diverted to?Is it included in the audit? E-tolls is an inefficient system where most of the money earned is used to pay for collections infrastucture and as profits for Kapsch. It must just go.Finish and Klaar.The people will never pay for it and it is not enforceable.

      Louis Schutte - 2014-09-18 08:33

      If there is no cash flow through the company it's easy to audit...

  • joe.gomes1 - 2014-09-17 19:59

    And!!!!'

  • agness.makgoka - 2014-09-17 20:10

    And I know why is this G.... company getting 70% of Sanral's highway tenders.... Mr ALI

  • Howard Dembovsky - 2014-09-17 20:14

    And a forensic audit was conducted? Yeah right!

  • Charmian Green - 2014-09-17 20:20

    of course they got a clean audit. If no one pays their bills, there is no money to steal. hence, Clean Audit!

  • ivan.marsh.37 - 2014-09-17 20:44

    If everyone paid etolls there would be enough money to steal, misappropriate, pay huge bonuses etc then we would see a very different audit result.

  • wendy.smallman.3 - 2014-09-17 20:46

    Wow! There is no end to the b-s!

  • Colin Ashby - 2014-09-17 21:06

    Bolstered public confidence......... Hahaha.... That's when I stopped reading

  • Malose-Nyatlo - 2014-09-17 21:07

    Possibly one of the fewest government institutions run on sound principles. Well done SANRAL- though there is still a lot to be done, especially in the rural areas which have always been neglected!

  • Malose-Nyatlo - 2014-09-17 21:08

    Possibly one of the fewest government institutions run on sound principles. Well done SANRAL- though there is still a lot to be done, especially in the rural areas which have always been neglected!

  • Laurie Elma Poolman - 2014-09-17 21:08

    Another new joke to share!! Bwahaha! Haven't had so much laughter in one week for a long time!! The ANC circus is going places!! Wonder if I will get a clean audit?

  • Please dont go - 2014-09-17 21:09

    Do what you hippo?!!!!!

  • Please dont go - 2014-09-17 21:10

    So what you hippo?!!!!!

  • Aqua BlueAfrica - 2014-09-17 21:26

    me neither..hahaha bolstered pubic confidence. . wet myself when i tried feeding my brain that BS. .hehehehe

  • Tshepo Sebelebele - 2014-09-17 21:58

    Why this guys so eager to keep etolls working,they are busy making stories that do not materialise.I'm mean really guys come on!clean audit?how's that possible not where mr shower head still in office.

  • Wayne Duvenage - 2014-09-17 22:07

    The Sanral Audit does not deal with an irrational scheme in which Sanral has a huge problem with unpaid e-tolls, in that these shortfalls are reflected in ETC's books - not so??

  • Allan Pillay - 2014-09-17 23:06

    Sanral may have a clean audit , that only indicates that income and expenses are accounted for . it does not excuse sanral from paying the construction companies who fleeced the taxpayer for the highways built at inflated costs from not getting value for their money . Having a receipt for expenditure does not mean the expenditure is legitimate . The "IDIOT" is also very strong in this one so we are not fooled ......

  • Pieter Kunz - 2014-09-17 23:15

    This bolstered public confidence in Sanral's sound financial management - who is she trying to fool. I dont trust SANRAL at all and probably hate them more then Telkom which is an achievement in it self. SANRAL is a total joke and they let the bullies (governement) fight for them with tax money.

  • Collins Ntelele - 2014-09-18 04:27

    To the nearest hell.

  • Dawn Edgecome - 2014-09-18 05:31

    Really. Who did the audit? Clearly not someone with a healthy brain!

  • arthur.salvado - 2014-09-18 08:58

    Can we p,ease have the auditors report and NOT Sanral merely saying so. Then of course, it will be subject to scrutiny . Ooops, guess what ? No auditors report forthcoming

  • Nin Ja Kitty - 2014-09-18 09:44

    Yeah right and I am the next Bond Girl:)

  • Lorraine Beetge - 2014-09-19 12:47

    Ha ha ha - best joke ever!

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