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The IFP has raised grave concerns about the Private Security Industry
Regulatory Authority's Annual Report in which it failed to detail proper
information.

IFP Spokesperson on Police, Mr Velaphi Ndlovu MP said "We find it difficult
to follow and understand the presentation made by Mr Manabela Chauke who is
the Chief Executive Officer of Private Security Industry Regulation
Authority (PSIRA) as it does not speak to each presentation. The liabilities
of PSIRA are more than the fix assets of the business, which means the
business was supposed to be sequestrated and be closed down."

Ndlovu added, "They employ events manager when they do not have a budget for
it and this has led to more financial losses which they cannot collect. If
the management of PRISA can just focus on the concerns raised by the Auditor
General's report and maybe they can have a turnaround strategy. But at the
moment it is very difficult."

The committee was told that the Chairman is employed part-time but the
salary that he gets does not speak to that and no job description appears on
the Annual Report of 2011/ 2012

The IFP takes these mistakes very seriously and can see that there is a big
problem with Private Security Industry Regulation Authority.