Statement by transport minister Dipuo Peters on Sanral getting a clean audit

Issued by SANRAL
Pretoria, Sep 18, 2014

The Ministry of Transport under whose mandate SANRAL operates, is pleased that the agency has received yet another clean audit from the Office of the Auditor General of South Africa, thus bolstering public confidence in its sound financial management.

The unqualified audit confirms that SANRAL's financial statements were deemed credible and complied with all statutory requirements. In short, everything was accounted for and all monies were properly spent and managed, despite various challenges that were faced.

The audit will go a long way in increasing SANRAL's transparency and accountability, while demonstrating commitment to meeting the requirements of the Public Finance Management Act at the state-owned company.

SANRAL is a veritable engine room of the nation's economy - through its well maintained and safely engineered national network of roads and bridges, it drives the wheels of economic growth and empowerment.

As a credible custodian of taxpayers' money and investor funds, it is thus imperative that there are no deficiencies in internal financial control.

The South African government, represented by the Ministry of Transport as the sole shareholder and owner of SANRAL, wishes to congratulate SANRAL's Board, its CEO Nazir Alli and his team for the clean audit, which augurs well for the agency's continued initiatives in the fields of transport, education, road safety and development of communities.