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Parliament demands answers over govt pensions agency’s R145m wasteful expenditure
['Faizel Patel', 'Senior Journalist']
News stories, breaking news and comment | The Citizen
The expenditure forms part of over R2 billion in irregular transactions recorded in the GPAA’s audited financial statements.
Parliament’s Portfolio Committee on Public Service and Administration has expressed serious concern following reports that the Government Pensions Administration Agency (GPAA) allegedly incurred irregular and wasteful expenditure totalling R145 million.
TransgressionsIt includes irregular expenditure on a fraudulent office block for the agency’s head office.
“We need real remedial actions without delay.”De Villiers reaffirmed the committee’s commitment to overseeing the pensions agency and the Government Employees Pension Fund with its 1.7 million members.
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