Minister of Public Works and Infrastructure Dean Macpherson says the report by PwC in the controversial R800 million Pressure Swing Adsorption PSA Oxygen plant tender , awarded by the Independent Development Trust IDT, represents a monumental failure in governance and adherence to the IDTs policies and National Treasury regulations.
Macpherson says the awarding of this tender undermined the integrity of public procurement and threatened donor funds.
Macpherson says he is glad his department acted when it did, despite criticism received during the investigating process. He revealed that according to some of the findings in the report, the bid evaluation process was flawed and the IDT CEO, Tebogo Malaka failed to exercise oversight during this process.
The report by PwC also found many irregularities including maladministration, financial misconduct and corruption, as well as misrepresentation by the bidders.
Macpherson says his governments commitment is to root out corruption and restore integrity in public procurement processes.