HomeGeneral

General Auditor's Report Exposes Disturbing Public Finance Mismanagement

4 years agoFri, 28 Jun 2019 23:34:03 GMT
Share on FacebookShare on TwitterShare on LinkedIn
General Auditor's Report Exposes Disturbing Public Finance Mismanagement

The 2018 Auditor General’s report has exposed poor finance management in some government ministries. The report noted a poor recording of business transactions into the books of accounts, diversion of funds and payment for goods that were never delivered.

The report was presented in Parliament on Thursday by Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi on behalf of his Finance and Economic Development counterpart Professor Mthuli Ncube.

Auditor General, Mrs Mildred Chiri, said that maintenance of accounting records remained a challenge in some ministries thereby creating room for undetectable leakage of public funds.

She also revealed that some ministries paid for properties which were never delivered. The auditor said:

Expenditure totalling $2 368 932 was incurred on the purchase of vehicles, generators, excavators, syringe infusion pumps, a water bowser and bio metric cards which were not delivered.

HOT DEALS:
itel A70 -
(128GB, 3GB RAM) $89,
itel A70 - (256GB, 4GB RAM) $99
itel P40
(128GB, 4GB), (6000mAh) $99
itel P40
(64GB, 4G), (6000mAh) $93
Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika.

WhatsApp: 0783 450 793

She added that some ministries processed payments of US$7 280 598 and $232 187 525 that were not adequately supported with receipts, invoices, goods received notes and competitive quotations making it difficult to ascertain if the funds were used for intended purposes.

The Auditor General also revealed that some ministries diverted money to other uses. She said:

In the education sector, the Ministry of Primary and Secondary Education received funds amounting to US$6 090 000 to procure books for the Curriculum Development and Technical Services but the money was used for other purposes.

Ministries affected include that of Health and Child Welfare, Defence and War Veterans Affairs, Transport and Infrastructure Development, Foreign Affairs and International Trade, Higher and Tertiary Education, Science and Technology Development.

More: The Chronicle

Tags

0 Comments

Leave a Comment


Generate a Whatsapp Message

Buy Phones on Credit.

More Deals
Feedback