The Board of Trustees of the Independent Development Trust (IDT) confirms that it has
received the final forensic report commissioned by the Honourable Minister of Public
Works and Infrastructure, Mr Dean Macpherson.

The Board notes the serious findings highlighted in the Minister’s public address today
including evidence of procurement irregularities, governance failures and regulatory
breaches related to the PSA Oxygen Plant project. We echo the Minister’s commitment
to clean governance, institutional accountability and the protection of public and donor
funds.

The Board has not yet concluded its internal deliberations. In line with our fiduciary
responsibilities, we are carefully processing the contents of the report and will be
convening formally to consider the appropriate next steps. We are committed to
ensuring a lawful, fair and transparent response guided by both the recommendations
of the report and the requirements of our internal policies.
We wish to assure all stakeholders that we take these matters seriously. The Board is
determined to restore institutional credibility, rebuild confidence in the IDT’s
procurement and governance systems and uphold the trust placed in us by the South
African public.

A further statement will be issued following the conclusion of the Board’s internal
processes.

ENDS
Issued by:
Office of the Chairperson
Independent Development Trust

For Media enquiries: Ms. Lerato Modisana, 073 599 6633 or
Lerato.Modisana@idt.org.za, Senior Manager: Special Projects and Stakeholder
Management or
Phasha Makgolane, Senior Manager: Communications (Acting) 072 231 1564 or
phasham@idt.org.za

Issued by the Independent Development Trust, an entity of the Department of
Public Works and Infrastructure