Treasury in hot water for failed R1 billion IT system: report
The National Treasury has been accused of “wasting” over R1 billion after it failed to implement its integrated financial management system.
The project, which was originally expected to be implemented in 2005, would have been used as a national management tool by Treasury, allowing it to integrate human resource‚ payroll‚ financial and supply chain management functions.
Speaking in parliament’s standing committee on public accounts (Scopa) on Tuesday, Scopa chairman Themba Godi called the implementation of the IFMS project “shambolic” and “shocking”, reports IOL.
Godi further questioned Treasury’s decision making, and asked how the bill was able to rise to such a high amount without raising red flags.
He alleged that service providers had a free hand in the project as were not monitored if they delivered the services required.
In response, Finance Minister Malusi Gigaba said that he would bring those responsible for the wasteful expenditure to task.
“I take full responsibility for what has happened in order to ensure the problems here are properly addressed. I hope we don’t come back to Scopa again to face the grilling we faced today,” said Gigaba.
He also promised to give Scopa more information on the original cost of the project when it was first submitted to the Cabinet in 2002.
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