FINANCIAL YEAR 1997-1998
Resolution 4/2003
VOTE 6 – PROVINCIAL TREASURY (1997/1998)
4. Unauthorised expenditure: R50 913 493,53
REPORT OF THE AUDITOR-GENERAL ON THE FINANCIAL STATEMENTS OF VOTE 6 – FINANCE OF THE PROVINCIAL ADMINISTRATION OF KWAZULU-NATAL FOR 1997-98( PR57/2000)
In paragraph 2.2.1(a) on page 6-2 of the above-mentioned Report the Auditor-General refers to interest penalty incurred as a result of an unauthorised bank overdraft which is deemed to be unauthorised .
The Committee having heard and considered evidence and having determined that the expenditure of R 50 913 493,53 is unauthorised, recommends that the amount be authorised by the Provincial Legislature allocated to Vote 6 – Finance but wishes to express it’s concern with the non-compliance with statutory requirements by the department.
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