NATIONAL NEWS - The National Lotteries Commission (NLC) has regularly bragged about having a track record of clean audits, despite the organisation being consumed by corruption in recent years.
AG reveals more than 23 million irregular expenditure
But the 2020/21 NLC Annual Report and the audit by the Auditor-General (AG) tell a different story, revealing more than R23-million in irregular expenditure and R36-million in accounting errors made in previous years.
The report should have been completed last year but was delayed due to misstatements found in the NLC’s financial statements. It was finally completed in February this year, when the AG issued a qualified audit opinion.
