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Different rules for WCape govt
ID wants corruption monitored
kalahari.netCorrections, Corruptions and Counterfeits
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Cape Town - The Western Cape is to launch a major drive to eliminate corruption and ensure sound financial management, finance MEC Alan Winde said on Thursday.
"Operation Red Flag will ensure that all loopholes in our financial systems are closed - permanently," he said in introducing his budget vote in the legislature.
"As custodian of the Western Cape's finances, I will raise the level of financial management so that we never see wastage of public funds, like we have seen in the past, again."
The first priority would be a full risk assessment of all provincial departments' and municipalities' financial systems.
Proper security systems, and accounting checks and balances, would be put in place.
A dedicated red flag team would perform financial inspections of every provincial department to ensure that fully-trained and responsible financial staff were in place.
"Financial managers will be held accountable for their decisions, and we will take action if irregularities are discovered," Winde said.
"We will attack corruption head on through strengthened financial management systems and stringent oversight mechanisms."