News24 reports that on Friday, Finance Minister Enoch Godongwana placed the chief executive officer of the Government Pensions Administration Agency (GPAA), Kedibone Madiehe, on immediate precautionary suspension. This after a series of revelations of alleged irregularities at the agency emerged.
An investigation into her conduct as head of the GPAA has commenced. Godongwana’s action followed months of inaction on his part since the irregularities were formally brought to his attention. The chairperson of the GPAA audit committee requested in June that Godongwana authorise a forensic investigation.
During the past three weeks, News24 has published a series of exposés on numerous alleged procurement irregularities and governance failures that have exposed the administrator of the pensions of state employees to billions of rand in losses. Madiehe not only signed off on these apparent irregularities but also put pressure on GPAA employees to turn a blind eye and to pay millions on the questionable contracts.
Recently, Madiehe suspended a senior finance and compliance control manager who declined to pay R21 million in one such contract that had been flagged by the GPAA’s audit team for a forensic investigation. The biggest of the alleged scams, however, was the GPAA awarding a 10-year contract valued at close to R1 billion to lease the Brooklyn Bridge Office Block in Pretoria for its headquarters.
- Read the full original of the report in the above regard by Sikonathi Mantshantsha at News24 (subscription / trial registration required)
- Read too, Parliament demands probe into R1bn ‘ghost contract’ and whistleblower suspension, at IOL News
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