Auditor-General Slates Marine Coastal Management Finances (Or Lack Thereof)
Demonstrating again why he probably can’t wait till the end of the year to leave his office, Auditor-General Shauket Fakie has had to take the finances of Marine Coastal Management to task saying that their books are kept so badly that it’s not even possible to give an opinion on their financial state.
Some of the problems the auditor-general’s report lists are that MCM has no debtor system in place; supplier statements totalling R8,6-million could not be provided; documentation to verify contractual commitments for R86-million could not be provided; no employees’ tax was deducted, nor could it be determined how much MCM owed Sars because there was not enough documentation.
Astonishingly, after the amount of poached perlemoen confiscated, the inventory for confiscated marine products was valued at zero.