House Chair, the ANC takes note of the recommendations contained in the six reports. We are keen that all recommendations should be speedily implemented. In this regard we endorse all the recommendations, including the fact that accounting officers of the six bodies referred to in the report should submit progress reports on the implementation of the above to the National Assembly within 60 days after the adoption of the report by this House.
With regard to the water boards of Botshelo, Bushbuckridge and Magaliesberg, we note with concern that a serious lack of policies and procedures results in a lack of proper controls, asset management and overall financial management. As the ANC, we cannot countenance a situation where legislated tools of accountability are disregarded without consequences. We are fully behind the decision to follow due processes to recover the amount of R1,3 million which was paid to suppliers in breach of supply chain management regulations by employees at Magalies Water authority.
We are appalled by the fact that fruitless and wasteful expenditure amounting to R36 million was recorded at Transnet. We fully support the call for eight employees concerned to be subjected to disciplinary action. The ANC will not stand by when the resources which should be used to improve the lives of poor people are plundered through sheer negligence. Not in the name of the ANC! [Applause.]
We further note with utter dismay that irregular expenditure of R8,3 billion, which resulted from noncompliance with contract management policies of the group, was noted at Transnet. We endorse the recommendation which provides that the relevant policies are reviewed, like the chairperson said, to prevent employees who mismanage company resources from resigning before they face appropriate disciplinary action.
In conclusion, we call on Parliament to endorse these reports so that the recommendations can be implemented, to turn the situation of this organisation around. Thank you. [Applause.]