SIU makes damning findings relating to National Treasury's 2016 R68 million contract to service provider, Oracle
The Special Investigating Unit has found that National Treasury flouted its own internal procurement processes when it awarded a contract for the implementation of the Integrated Financial Management System in 2016. It says the contract with service provider Oracle resulted in fruitless and wasteful expenditure amounting to 68-million rand. It also found that there was a conflict of interest for some of the former directors general at the Treasury. This emerged when the SIU updated Parliament's Standing Committee on Public Accounts (SCOPA) on their investigation into the project. Abongwe…
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