PSC to finalise financial disclosure process

Tuesday, March 27, 2018

The Public Service Commission (PSC) said it will soon finalise the process of scrutinizing all the financial disclosure forms received to determine the full disclosure of registrable interest and prevalence of conflict of interest among SMS members.  

Through the scrutiny process, the PSC verifies the veracity of the information provided by SMS members in their financial disclosure forms.

Releasing the Commission’s report titled “Pulse of the Public Service" in Tshwane on Tuesday, PSC Commissioner Micheal Seloane explained that the information relating to the registrable interests as disclosed by SMS members is compared to information contained in third party databases (such as the Deeds Registry, Companies and Intellectual Property Commission, eNaTIS and Central Supplier Database from National Treasury).  

“The scrutiny process will also involve the assessment of performance of other remunerative work outside the normal employment in the Public Service, as well as the extent to which public servants received and declared gifts during the past financial year,” he said.

He said the outcome of the scrutiny process will be communicated to the respective executive authorities (EAs) and HoDs with specific recommendations on further steps to be taken if necessary.

As at the end of the third quarter of the 2017/18 financial year, the PSC scrutinized 35% of the financial disclosure forms.

However, as at 08 February 2018, the PSC had scrutinized 64% of the financial disclosure forms. The scrutiny process is envisaged to be finalised by 31 March 2018. – SAnews.gov.za