A lovely report was made in Fin24.com (originally published in the City Press) this weekend and what it boils down to is an accurate curriculum vitae of the complete and utter incompetence and criminal tendencies of the
despicable marxist terrorists wonderful freedom fighters who have run our country into the ground in less than 20 years. Almost R25 BILLION has been lost due to corruption, theft, mismanagement and fraud etc etc etc... I could go on for ages and list the many evils but I think the article will do that for me (and bear in mind that the article is only discussing the 2011/2012 financial year!!!). This is what my hard-earned tax money goes towards? So that it can line the pockets of a few elite who would have nothing going for them without their ANC membership cards? Time for me to start boycotting calls from SARS for the money I "owe"!
And just to point out - this is the EXACT reason that the ANC is pushing so hard for the Information Bill to be passed - so that we, and the rest of their blind sheep supporters - will not be able to see just how ruthlessly the scum are looting the public coffers and at the same time destroying any chance we may have had of saving the country's economy! You can just bet your last Rand that the ANC will shout out that it is being attacked and persecuted by the white media just to throw them in a bad light! This is utterly disgusting and completely unacceptable - but this is what the people have chosen - so I'm just going to sit back and watch while the uneducated masses start protesting and killing each other again over non-delivery of services (without knowing that the funds have been stolen) - maybe it will result in another Marikana type situation? I'm sure that another instance of the ANC implementing Apartheid tactics against their own supporters will cost them a few votes eventually...
R25bn down the drain
Xolani Mbanjwa and Sabelo Ndlangisa, City Press
Johannesburg - R24.8bn – to be exact. That’s the bill for unauthorised, irregular, fruitless and wasteful spending by provincial departments and entities.
That’s what Auditor General (AG) Terence Nombembeand his team found during their 2011/12 audit – and it’s almost R4bn more than the previous review.
Shockingly, Nombembe and his team audited 29 fewer departments and entities, but the bill for provincial misspending still soared.
And, the AG has warned, this misuse of public funds has “become the norm”.
Nombembe blamed lax internal controls, weak political leadership and a disregard for procurement rules as major contributors to the massive bill.
The biggest provincial offenders were the North West government, with R4.165bn; KwaZulu-Natal, which incurred R3 993bn; and Free State, with R3 255bn.
The SA Institute of Race Relations calculated what could have been paid for by the state with the wasted R24.8bn.
They found that during the audited period: