SIU takes aim at Oracle in treasury corruption probe

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SIU takes aim at Oracle in treasury corruption probe
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National treasury paid nearly R1-billion to Oracle South Africa for the financial management system at the heart of the probe.

head Andy Mothibi told parliament on Wednesday that the SIU will immediately embark on civil proceedings in the Special Tribunal to cancel national treasury’s contract with the world’s largest database management company, Oracle, and, if possible, recover the money.

Treasury paid nearly R1-billion to Oracle South Africa for the financial management system intended to integrate government’s IT systems and update its human resource and supply chain systems; and it still insists there was no corruption involved in its dealings with Oracle. But Scopa chair Mkhuleko Hlengwa criticised treasury for refusing to acknowledge that the project was corrupt and said it was a “glaring indictment” of its performance. “This set a bad example for the rest of the government, as treasury should be held to the highest standard.”

High-level findings also found evidence of irregular supply chain management processes, non-compliance with SCM policies and legislation, and fruitless and wasteful expenditure.

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