1999

UNITED DEMOCRATIC MOVEMENT

MEDIA RELEASE


JUDGE HEATH’S APPEARANCE BEFORE THE PORTFOLIO COMMITTEE ON FINANCE

MEDIA STATEMENT ISSUED BY GERHARD KOORNHOF, MP
UDM SPOKESPERSON ON FINANCE

The Heath Special Investigation Unit (HSIU) presented the Portfolio Committee on Finance with an impressive success record over the period 1 January 1998 to 31 March 1999. 

From an allocated budget of R16, 9 million, the HSIU has recovered cash and assets to the value of R60, 4 million, and savings and preventions of R1, 3 billion. Indeed an impressive return on investment! The HSIU reported a shortfall of R2 million for the current financial year. They have identified other sources of funding, which is not allowed under current legislation.

The UDM believes that the valuable work of the HSIU must continue, and not allow a shortage of funds to cripple this Unit. The UDM therefore asks for a thorough investigation and research to determine whether current legislation should be amended to allow other sources of funding for the HSIU.

Issued by:
Dr Gerhard Koornhof
UDM Spokesperson on Finance

25 August 1999