Prasa loses millions to wasteful expenditure
After failing to meet 52% of its targets in the year, it has been reported that Prasa has lost millions to irregular spending.
The Passenger Rail Agency of South Africa (Prasa) has lost millions of rands to irregular and wasteful expenditure, the
Sunday Independent reported.
It failed to meet 52% of its targets in the year, according to the agency's annual report tabled in Parliament this week.
There was irregular spending of R14.9-million due to procurement awards being made without quotations.
Fruitless and wasteful expenditure of more than R3-million was incurred because invoices were not paid on time and disciplinary processes were not conducted with the required 30-day period.
Forensic investigations were underway into an official who was referring fleet vehicle repairs to a service provider in which he had a business interest, and into a middle management official accused of unethical behaviour.
According to the report, Prasa did not meet its targets on rail passenger safety and rail fatalities increased during the year.
The same is happening in the airline, but it's only taxpayers' 'geld' so nobody gives a toss.
Last edited by Capetonian; 8th Oct 2013 at 04:13.