Latest news with #financial disclosure
The Herald
an hour ago
- Lifestyle
- The Herald
No lifestyle audits at National Treasury in past two years — here's why
No National Treasury officials were subjected to lifestyle audits in the 2022/2023 and 2023/2024 financial years, says finance minister Enoch Godongwana. In a written reply to a parliamentary question by DA MP Hendrik Krüger, Godongwana said the public service and administration department provides guidelines for three progressive stages of integrity checks: lifestyle reviews, lifestyle investigations and lifestyle audits. 'Lifestyle review is the first test and assesses whether an official is living within their means, but it is inconclusive to confirm wrongdoing. Lifestyle reviews are conducted based on discrepancies or red flags identified during the financial disclosure period. 'Lifestyle investigation is the second test and serves to probe further the findings from a lifestyle review, to confirm undeclared sources of income and any wrongdoing. Lifestyle audit is the third test and is a more complex version of lifestyle investigation,' he said. In response to Krüger's question about the number of officials audited and the outcomes, Godongwana said lifestyle reviews were last conducted in the 2021/2022 financial year on two chief directors and one director. 'All three senior management service (SMS) members were cleared and no further steps were taken. No SMS members were referred for lifestyle reviews in 2022/2023 and 2023/2024.
CBC
18-07-2025
- Business
- CBC
Does Mark Carney really have 574 conflicts of interest?
Prime Minister Mark Carney says he followed all the rules about disclosing his financial assets — now held in a blind trust — but Pierre Poilievre and Opposition MPs say his holdings are rife with conflicts of interest. Andrew Chang explains why Carney's connections to companies like Brookfield Asset Management and Westinghouse may or may not pose a problem, and how much of what Carney and the opposition claim is actually true. Images provided by Getty Images, The Canadian Press and Reuters.
