Govt in drive to plug resource leakages

Govt in drive to plug resource leakages | The Herald March 1, 2016

Conrad Mwanawashe Business Reporter
GOVERNMENT, through the Ministry of Finance and Economic Development, is in the process of implementing measures to strengthen public accounting systems to plug leakages of resources.

Appearing before the parliamentary portfolio committee on Public Accounts on the 2014 Auditors’ General Report, the secretary in the Ministry of Finance and Economic Development Willard Manungo acknowledged the findings by the chief auditor and said Government is taking corrective measures to plug further leakages.

“We acknowledge the observations by the auditor general and corrective measures have been taken.

“Following the last audit observation we have made progress and we will be conferring with the auditor general in terms of the progress that has been made,” said Mr Manungo.

Some of the underlying challenges highlighted by the audit include misappropriation of funds, non-functional monitoring systems and software.

The misappropriation of funds has caused headaches for the Ministry of Finance and Economic Development, the custodian of the Government purse, leading to the suspension or dismissal of nine senior members of the department of accountant general.

Members of Parliament were also concerned that some systems were not functional, there were no controls regarding timelines for posting expenditures and a lax in supervision of senior accounting officials.

“One of the challenges that we have had under the department of the accountant general is the issue of misappropriation of funds which as we speak is before the courts, a situation that necessitated that we suspend a number of staff and some appearing in courts.

“From the observations that have been made by the auditor general, we had to suspend quite a number of staff and some we had to relieve them of their duties. Those are some of the challenges that the accountant general has been facing in the department.”

COMMENTS

WORDPRESS: 3
  • comment-avatar
    Mukanya 6 years ago

    Planning to plug-off the leakages of information on resource looting is paramount comrades!!

  • comment-avatar
    IAN SMITH 6 years ago

    The swamp has been drained the crocs are exposed
    The chickens have fled the coup i.e loot is in the far east Grand Cayman to name a few.

    Now set a thief to catch a thief this might work.

  • comment-avatar
    tonyme 6 years ago

    The government needs to take a good look and weed out the thieves. They keep stealing to support. Life style they can’t afford if the go ion their own. Some own homes which cost ten family incomes to maintain. Keeping known thieves in office only encourAges the stealing to go on. Some ministers have three four of five fans, twenty houses, six cars, received and seven children. How can one do all those things and manage to support and hold a full time job as minister. The biers knew they were farmers and stayed on their farms doing an honest job. Now all is a joke. God bless us all.