‘Our vision is to radically transform the economy through integrated and effective enterprise development, not corruption,’ said minister Lindiwe Zulu.
The department in a statement said it has so far on Thursday issued nine precautionary suspension letters of which seven are against Black Business Supplier Development Programme and two against Co-operative Incentive Scheme officials . The department in August 2017, conducted an investigation into incentive schemes CIS and BBSDP following indicators of fraud identified through the Auditor General of South Africa 2016/17 regulatory audit, the Portfolio Committee on Small Business Development Oversight visits and observations.
The forensic report implicated officials in maladministration, misrepresentation of facts, collusion and contravening the programme guidelines and standard operating procedures.
They empowered their friends and family, wmc