Department of Arts withholds funding to foundation
IFACCA/Artshub,
09 March 2006, South Africa
The Department of Arts and Culture of South Africa is sticking to a decision to withhold funding the National Film and Video Foundation. They will withhold R12 million, until the foundation fulfils conditions of its funding arrangement.
The decision comes after the auditor-general found some irregularities in the foundation's accounts, and the Deparment said that they will not release the funds until a plan on how to fix the problems were submitted.
The foundation is designed to develop the film and video industry of South Africa, and is a body mandated by an act of Parliament.
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