The Transnet recoveries alone amounted to R710 million. The SIU said that it recovered R500 million from Eskom and R191 million from NSFAS.
The SIU said this had saved the South Africa n government approximately R8 billion in the financial year.
The SIU said that it also prevented a further R2.32 billion in potential state losses and secured cash to be recovered from the acknowledgement of debt and admission of liability agreements to the value of R1.6 billion. “This includes, among others, matters regarding R2 billion from Eskom, R834 million from Transnet, R29.1 million from the eThekwini Municipality and R48.4 million from the City of Cape Town,” the unit said in a statement.
Nsfas Prasa Transnet Ethekwini Municipality The National Lotteries Commission High Court Of South Africa City Of Cape Town Special Investigating Unit South Africa Free State Gauteng Cyril Ramaphosa Finance Business Corruption Money Matters Investigations Parliament Government Tenders Siu Entity The Special Investigating Unit Https://Www Iol Co Za/The-Star/News/Home-Affairs-M Kaizer Kganyago South African Cyril Ramaphosa Andy Mothibi Gareth Ackerman Nsfas Eskom National Lotteries Commissionthe Transnet Portfolio Committee On Justice And Constitutional Passenger Rail Agency Of South Africa The Masters' Officethe National Student Financial High Court Of South Africa Special Tribunal Ethekwini Municipality City Of Cape Town Siu Head Parliament Gauteng Office Free State Department Of Community Safety Monetary Policy Review: Sa Iol Business Reserve Bank Sars Medico
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