SIU recovered only R34m out of R299m for the state
18 October 2018
The Special Investigating Unit (SIU) could have recovered R299m in the 2017/2018 financial year, but only managed to recover R34m for the state.
However, as a result of its interventions, the unit prevented payments to the value of R407m in relation to 11 matters and had three contracts or administrative decisions set aside, saving the state R797m.
This information is contained in the SIU's annual report for 2017/2018.
A total of 18 proclamations were signed by either former president Jacob Zuma or President Cyril Ramaphosa in the financial year, and the unit presented 15 investigation reports to the Presidency.