the course is Public finacial Management and not operations management

A South African who is very frustrated with the current public sector financial management problems in the country makes the following statement: "The control function of public money should be with the legislature, but the South African Parliament has nothing in place to control the spending of public money by means of regulating and oversight and independent monitoring". In an essay format, critically discuss the above statement. Notes: - The above is an example of a "statement-type" critical thinking question. The statement may be true, false or somewhere in-between. You must first use the heading INTRODUCTION to provide a brief introduction to your answer, then under DISCUSSION (which may include relevant sub-headings) identify and present the relevant 'theory' from your study materials, whether in favour of or in disagreement with the statement (most of the marks will be awarded for this), and finally reach a brief CONCLUSION about the statement based on the information you have presented