President Cyril Ramaphosa has authorised the public release of the final report of investigations by the Special Investigating Unit (SIU) into procurement by all spheres of government of goods and services associated with the COVID-19 pandemic.
The report, published on Tuesday, does not include details of ongoing investigations into allegations of corruption.
These investigations are expected to be completed between March and April 2022.
In July 2020, President Ramaphosa authorised the SIU to probe allegations relating to the misuse of COVID-19 funds.
In the video below, the SIU assures the nation that all implicated people will be prosecuted:
The SIU was empowered to institute civil proceedings for the recovery of any damages or losses incurred by the state.
The SIU investigated more than 5 400 contracts awarded to over 3 000 service providers with a total value of R14.3 billion.
At this stage, investigations have been finalised with respect to 4 549 contracts, of which 2 803 contracts were found to be irregular.
This amounts to 62% of the finalised investigations.
The rand value of actual cash and assets to be recovered on the basis of the investigation is R551 million.
The President says the investigation targeted individuals who believed they could exploit a moment of national vulnerability to enrich themselves through the abuse of public resources.
Below is the report: