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The Board of the Independent Development Trust (IDT) is treating all matters before itwith the seriousness they deserve and has launched a number of concurrent processesto bring stability to the organisation, protect funded projects and ensure continuedservice delivery to communities across the country.
Over the past week, the Board has held lengthy meetings and discussions to addressthese matters, including the PwC forensic investigation into the oxygen plantprocurement, the circulating video containing allegations of bribery, the suspension ofthe Chief Executive Officer, and concerns relating to a number of tenders and supplychain processes linked to them.
While sensitive investigations are underway, the Board is unable to comment onongoing reporting but wishes to emphasize that it is taking all necessary steps tosafeguard public funds, protect projects that deliver social infrastructure forunderserved communities, as well as poverty alleviation programs like EPWP. We willensure that officials accountable are held accountable wherever required.
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As the Accounting Authority in terms of the Public Finance Management Act (PFMA),the Board is fulfilling its legal mandate by acting on substantiated information,
following all applicable laws and regulations, and working with law enforcementagencies.Once in a position to do so, the Board will provide the public with a detailed briefing onthe actions taken and the findings of its investigations. The Board is fully aware thatrestoring trust in the organisation requires openly sharing the measures implementedto strengthen governance and protect public funds.
We are committed to doing so at the earliest possible stage, without compromising anyongoing criminal investigations.
ENDSIssued by:Office of the ChairpersonIndependent Development Trust
For Media enquiries: Ms. Lerato Modisana, 073 599 6633 or Lerato.Modisana@idt.org.za.
Issued by the Independent Development Trust, an entity of the Department ofPublic Works and Infrastructure.