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Brief
Summary:
The Special Investigating Unit (SIU) and Parliament's Standing Committee on Public Accounts (SCOPA) have signed a Memorandum of Understanding (MoU) to strengthen their collaboration in investigating and reporting on irregular, fruitless, and wasteful expenditure of public funds. The MoU aims to create greater cohesion and formalize the referral of pressing matters from SCOPA to the SIU. Notable matters referred include the Eskom intelligence report and the National Skills Fund. The two entities acknowledge the importance of consultation, mutual support, and cooperation to ensure effective financial oversight and accountability of state institutions, combating maladministration, malpractice, and corruption.
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