HomeGeneral

Auditor-General Speaks On How Corruption Has Limited Growth

4 years agoFri, 25 Oct 2019 01:26:06 GMT
Share on FacebookShare on TwitterShare on LinkedIn
Auditor-General Speaks On How Corruption Has Limited Growth

Auditor-General, Mrs Mildred Chiri has called for transparency in procurement processes saying that corruption has had a huge adverse impact on the country’s growth.

Mrs Chiri told the Chartered Institute of Procurement and Supplies (CIPS) 2019 annual congress in Bulawayo on Thursday that procurement was the cornerstone of economic development and yet the most vulnerable to corruption. She said:

The direct costs of corruption manifest in… loss of public funds through misallocations or higher expenses as well as lower quality of goods, services and works. Suppliers pay bribes in order to secure contracts but recover these through inflated prices, billing for work which was not performed.

They deliver work which is substandard by reducing quality of work or using inferior materials. As a result, the costs are exaggerated and quality of work is compromised. Such haemorrhage retards economic growth and development.

In most of her previous reports, Mrs Chiri reported massive corruption in most government departments and parastatals which robbed the country of millions of United States dollars.

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 has been constantly recommending ways to address corruption, surprisingly, maladministration has been a recurring issue in her reports, a sign that authorities have no political will to implement her recommendations.  

More: The Chronicle

Tags

0 Comments

Leave a Comment


Generate a Whatsapp Message

Buy Phones on Credit.

More Deals
Feedback