HDA Annual Report

ANNUAL REPORT 2023/24

(c) Details of fruitless and wasteful expenditure recoverable

Late and/or Non-Payment of Suppliers

2023/2024 2022/2023 R’000 R’000

Consolidated Value R’000

Description

Number of Invoices

Fruitless and wasteful expenditure recoverable

Description Valid invoices received

- -

45 45

Total

750

152,911,350.80

Invoices paid within 30 days or the agreed period Invoices paid after 30 days or the agreed period Invoices older than 30 days or the agreed period (unpaid and without dispute) Invoices older than 30 days or the agreed period (unpaid and in dispute)

An amount of R45 000 emanating from fruitless and wasteful expenditure of R51 thousand incurred during the prior period was recovered in the current year.

747

150,654,708.40

2

10,653,009.51

(d) Details of fruitless and wasteful

expenditure not recoverable and written off

2023/2024 2022/2023 R’000 R’000

-

-

Description

Fruitless and wasteful expenditure written off

4

17,483

Total

4 17,483

9

4,146,841.32

The Board of Directors approved a write-off of R2,9 million on 4 March 2024 in accordance with the HDA’s Debt Policy. This amount included R4 thousand for the current period and R67 thousand for the prior year while the remaining balance relates to other prior years. (e) Details of disciplinary or criminal steps taken as a result of fruitless and wasteful expenditure Disciplinary steps taken Disciplinary steps were taken against officials responsible for fruitless and wasteful expenditure emanating from duplicate payments that occurred in prior years. No criminal steps were taken since no criminal or fraudulent conduct was identified. Four employees were subjected to a consequence management process that was finalised during the financial period under review. This process resulted in sanctions that included a dismissal and final written warnings where employees were found guilty.

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