CETA - forensic audit
DID YOU KNOW?
According to a forensic audit performed on the Construction Education and Training Authority (CETA), which was leaked to the DA after CETA refused to hand it over to the Auditor-General (A-G) or make it public, CETA is technically insolvent with a deficit of almost R8 million.
According to a forensic audit performed on the Construction Education and Training Authority (CETA), which was leaked to the DA after CETA refused to hand it over to the Auditor-General (A-G) or make it public, CETA is technically insolvent with a deficit of almost R8 million.
- CETA made double payments to four service providers for learnerships, totalling more than R1.5 million.
- Training providers to CETA submitted irregular claims for learnerships and skills development programmes, possibly amounting to R170.5 million.
- CETA’s executive committee members allegedly have interests in the training-providers that benefit from programmes instituted by CETA, and therefore override rules and regulations. A case in point is that Mashilo Moloto, the son of board chairperson Narius Moloto, received a bursary from CETA’s bursary scheme without declaring the relationship.
- CETA received the most critical evaluation by the A-G for the financial year 2005/06: a disclaimer of opinion.