Thursday, February 13, 2014

DA: Audit report on arms deal offsets a major failure

Lusanda Bill
13 February 2014

The Democratic Alliance said the arms deal audit report by the Department of Trade and Industry has revealed major failures in arms deal offsets. 

DA MP of Defence and Military Veterans David Maynier said of the 40 business plans audited only 24 business plans included estimates of the number of jobs to be created. 

Maynier said one of the primary motivations for the arms deal was that it would create jobs but the internal audit finds that the number of jobs created could not be audited in terms of the arms deal offsets. 

“So the claim that 65 000 jobs were created simply cannot be audited and therefore cannot be sustained” Maynier added.

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