‘Not a cent has been stolen,’ Treasury says of controversial contract

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‘Not a cent has been stolen,’ Treasury says of controversial contract
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‘Not a cent has been stolen,’ Treasury says of controversial contract 🔒

The Treasury is confident that the Special Investigating Unit will find no evidence of corruption related to the controversial integrated financial management system tender, which was eventually abandoned, says an official.

On Friday, President Cyril Ramaphosa issued a proclamation for an SIU investigation into the IFMS project on which the government spent about R1.2bn with no tangible deliverables.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

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