Page 87 - TKZN Annual Report 2023/2024
P. 87

 Details of current and previous year irregular expenditure unconfirmed
A transaction of R17 174 000 is being assessed to ascertain if the transaction meets the definition of irregular expenditure. No fraudulent activity has been incurred. The nature of the transaction seems to be services undertaken based on a contract that may have been unlawfully reinstated.
Details of current and previous year disciplinary steps or criminal steps taken as a result of irregular expenditure
In all cases the determination concluded that value for money had been obtained, no official was considered liable in law. For matters discovered in the current year the disciplinary processes are in progress. Where weaknesses in internal control were identified, the appropriate control measures have been implemented. Where officials had already left the employ of the entity, prior to the discovery of the irregular expenditure, their line managers were required to ensure that all control weaknesses were mitigated.
2. Fruitless and Wasteful Expenditure
Reconciliation
  Description
 2024 R’000
 2023 R’000
  Irregular expenditure under assessment
  17,174
  -
  Irregular expenditure under determination
  -
   -
  Irregular expenditure under investigation
 -
  -
  Total
  17,174
  -
    Description
 2024 R’000
 2023 R’000
  Opening balance
  592
  592
  Fruitless and wasteful expenditure confirmed
 107
  -
  Less: Fruitless and wasteful expenditure recoverable
  -
  -
  Less: Fruitless and wasteful expenditure written off
  -
   -
  Closing balance
  699
   592
 In the current year, there was one transaction that resulted in fruitless and wasteful expenditure that related to penalties and interest levied on late payment of Pay as you earn (PAYE) to The South African Revenue Service (SARS).
Reconciling notes
  Description
 2024 R’000
 2023 R’000
  Expenditure that was under assessment in 2022/23
  -
  -
  Expenditure that relates to 2022/23 and identified in 2023/24
 -
  -
  Fruitless and wasteful expenditure incurred during the year
  107
  -
  Total
  107
   -
 TOURISM KWAZULU-NATAL ANNUAL REPORT 2023/2024 85
   85   86   87   88   89