The National Treasury has been accused of “wasting” over R1 billion after it failed to implement its\u00a0integrated financial management system.<\/p>\n
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\u201a payroll\u201a financial and supply chain management functions.<\/p>\n
Speaking\u00a0in parliament\u2019s standing committee on public accounts (Scopa) on Tuesday, Scopa chairman Themba Godi called the implementation of the IFMS project “shambolic” and “shocking”, reports IOL.<\/a><\/strong><\/p>\n 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.<\/p>\n He alleged that service providers had a free hand in the project as were not monitored if they delivered the services required.<\/p>\n In response, Finance Minister Malusi Gigaba said that he would bring those responsible for the wasteful expenditure to task.<\/p>\n \u201cI take full responsibility for what has happened in order to ensure the problems here are properly addressed. I hope we don\u2019t come back to Scopa again to face the grilling we faced today,\u201d said Gigaba.<\/p>\n He also\u00a0promised to give Scopa more information on the original cost of the project when it was first submitted to the Cabinet in 2002.<\/p>\n
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