The Special Investigating Unit has found that National Treasury flouted its own internal procurement processes when it awarded a contract for the implementation of the Integrated Financial Management System in 2016. It says the contract with service provider Oracle resulted in fruitless and wasteful expenditure amounting to 68-million rand. It also found that there was a conflict of interest for some of the former directors general at the Treasury.  This emerged when the SIU updated  Parliament's Standing Committee on Public Accounts (SCOPA) on their investigation into the project. Abongwe Kobokana  reports...