SIU to probe KZN Treasury

Thursday, July 10, 2014

Pretoria – President Jacob Zuma has announced that he has authorised the Special Investigating Unit (SIU) to investigate certain matters relating to the affairs of the KwaZulu-Natal Provincial Treasury.

The President has signed a proclamation authorising the investigation in terms of the Special Investigating Unit and Special Tribunals Act, 1996, said the Presidency in a statement on Thursday.

The proclamation authorises the SIU to investigate the appointment, by the Treasury, of a service provider to the "Municipal Infrastructure Crack Team” of the Treasury to provide services for the Municipal Infrastructure Intervention Programme of the Treasury.

The SIU will probe whether the payments made to the service provider were not fair, competitive, transparent, equitable or cost-effective; contrary to applicable legislation or applicable manuals, guidelines, practice notes or instructions issued by the National Treasury or the Treasury; or conducted or facilitated by or through the improper intervention of employees of the Treasury.

The SIU will also investigate unauthorised, irregular or fruitless and wasteful expenditure incurred by the Treasury in respect of the funding of the "Commemorating Prisoners of War - St Helena” event, the Durban International North Sea Jazz Festival; and the KwaZulu-Natal Sharks Board. – SAnews.gov.za