Looting of disaster funds a cause for concern
26 April 2022
South Africa does have a reason to be concerned about the looting of the disaster funds in KwaZulu-Natal seeing as President Cyril Ramaphosa's earlier promises to prevent fraud and corruption with the Covid-19 emergency fund came to nothing.
The President also stated in 2019 that he would involve the National Treasury and the Auditor-General (AG) to help combat corruption. The only tangible difference is that now real-time, or continuous, audits will be performed while the disaster funds are being spent.
There are, however, already allegations of fraud and looters are no doubt smacking their lips at the prospect of getting their hands on the disaster funds as soon as they become available – particularly those relating to the repair of infrastructure.
The allocation of contracts must follow a transparent process. It must be published and the public must have the opportunity to scrutinise the entire process.