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Auditor General presents startling report on SOEs

8 October 2019, 5:07 PM  |
Manelisi Dubase Manelisi Dubase |  @SABCNews
SAA

SAA and Alexkor have been unable to present their audit reports due to liquidity challenges.

SAA

Image: SABC News

SAA and Alexkor have been unable to present their audit reports due to liquidity challenges.

Four of the seven State-Owned Enterprises (SOE’s) that report to the Department of Public Enterprises have been receiving either qualified or disclaimed audit reports for the past five years.

Three of them – South African Express, South African Airways (SAA) and Alexkor – have been unable to present their audit reports due to liquidity challenges.

This startling report was presented by the office of the Auditor General in parliament on Tuesday.

For more watch video below:

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Tags: State-Owned EnterpriseDepartment of Public Enterprises
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