AVN 64.85 Decreased By ▼ -0.15 (-0.23%)
BAFL 30.80 Decreased By ▼ -0.35 (-1.12%)
BOP 4.74 Increased By ▲ 0.03 (0.64%)
CNERGY 3.89 Increased By ▲ 0.01 (0.26%)
DFML 13.60 Decreased By ▼ -0.10 (-0.73%)
DGKC 41.80 Increased By ▲ 0.53 (1.28%)
EPCL 46.50 Decreased By ▼ -0.19 (-0.41%)
FCCL 11.50 Increased By ▲ 0.08 (0.7%)
FFL 5.08 Increased By ▲ 0.04 (0.79%)
FLYNG 5.82 No Change ▼ 0.00 (0%)
GGL 9.99 Increased By ▲ 0.04 (0.4%)
HUBC 65.00 Increased By ▲ 0.90 (1.4%)
HUMNL 5.75 Increased By ▲ 0.10 (1.77%)
KAPCO 28.05 Increased By ▲ 0.25 (0.9%)
KEL 2.16 Increased By ▲ 0.03 (1.41%)
LOTCHEM 24.79 Increased By ▲ 0.49 (2.02%)
MLCF 21.55 Increased By ▲ 0.15 (0.7%)
NETSOL 84.40 Increased By ▲ 0.20 (0.24%)
OGDC 88.35 Increased By ▲ 0.41 (0.47%)
PAEL 11.05 Increased By ▲ 0.15 (1.38%)
PIBTL 4.21 Increased By ▲ 0.03 (0.72%)
PPL 79.10 Increased By ▲ 1.40 (1.8%)
PRL 13.60 Decreased By ▼ -0.02 (-0.15%)
SILK 0.89 No Change ▼ 0.00 (0%)
SNGP 41.79 Decreased By ▼ -0.14 (-0.33%)
TELE 5.90 Increased By ▲ 0.03 (0.51%)
TPLP 15.90 Increased By ▲ 0.12 (0.76%)
TRG 111.39 Decreased By ▼ -0.91 (-0.81%)
UNITY 14.05 Increased By ▲ 0.10 (0.72%)
WTL 1.15 Increased By ▲ 0.02 (1.77%)
BR100 4,068 Increased By 20 (0.49%)
BR30 14,563 Increased By 95.8 (0.66%)
KSE100 40,776 Increased By 103.1 (0.25%)
KSE30 15,275 Increased By 84.3 (0.56%)
Follow us

JOHANNESBURG: South African investigators have referred for prosecution and disciplinary action 940 cases of malfeasance and fraud involving more than $900 million of Covid funds, President Cyril Ramaphosa said Tuesday.

The Special Investigating Unit (SIU), an independent law enforcement agency with similar powers to the FBI, probed 5,467 contracts awarded for Covid-19 services and supplies.

More than half of the contracts were found to be irregular.

With more than 3.5 million diagnosed infections and over 94,000 fatalities, South Africa's pandemic toll is the highest on the continent.

"It is unacceptable that so many contracts associated with saving lives and protecting livelihoods were irregular, unlawful or fraudulent," Ramaphosa said in a statement.

The investigators have referred 386 of the cases to the National Prosecuting Authority.

Covid surge in Africa, but fewer deaths than before: WHO

Another 224 cases were sent for disciplinary action against government officials, while 330 will be handed in for "administrative action", including blacklisting from public contracts.

"This investigation targeted individuals and institutions who believed they could exploit a moment of national vulnerability to enrich themselves and those with whom they colluded to abuse public resources," said Ramaphosa.

Ramaphosa came to power in 2018 on the promise to curb corruption. He said the report marked an "important step in our fight against corruption in the public and private sectors, and against maladministration".

He was dealt a blow when a close associate, ex-health minister Zweli Mkhize, was implicated in a Covid communications fund scandal last year.

The SIU has already started recovering some of the funds.

Comments

Comments are closed.

South Africa to punish 940 Covid fraud cases

Fitch says PKR to further weaken

Country braces for fuel shortages?

IMF revises GDP growth projections downward

Govt plans to convert Rs800bn PHL debt into public debt

Nepra FCA decision: Power Div proposes revision

KE, Discos: Nepra approves negative tariff adjustments

Jul-Dec: govt has borrowed $5.595bn

In West Bank, US presses for two-state solution

Paracetamol: govt to allow increase in price

Zardari for increasing minimum wages to Rs 35,000