Eskom’s efforts to improve auditing controls to catch and prevent irregular expenditure remain woefully inadequate, the power utility’s auditors told parliament’s watchdog standing committee on public accounts on Wednesday.
Siyakhula Vilakazi, a partner at SNG Grant Thorton, said record-keeping at the parastatal was so weak that auditors could not reliably test compliance with tender rules or certify the internal finding that irregular expenditure had dropped to R11.7-billion in the past financial year as correct.
