SIU submits 21 investigation reports to the Presidency under published proclamations, prevents financial losses to the value of R2.1 billion

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Summary:

The Special Investigating Unit (SIU) has submitted 21 investigation reports to the Presidency, detailing corruption, maladministration, and malpractice in various state institutions. The reports highlight alleged irregularities in the University of Fort Hare's awarding of honors degrees and the procurement of mobile classrooms, laboratories, and water tanks by the Eastern Cape Department of Public Works. The SIU has recovered R389 million in cash and assets, prevented financial losses of R2.1 billion, and instituted civil actions worth R2.4 billion. Additionally, the SIU has made 376 disciplinary referrals and 680 referrals to the prosecuting authority. The Auditor General of South Africa has given the SIU a qualified audit opinion due to an accounting technicality, but the SIU is reviewing its accounting treatment to prevent similar issues in the future.

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