Auditor General report exposes massive plunder of funds

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An Auditor General’s report for the year ended June, 2018 exposed that over K3 billion was lost through fraud and non-compliance to procedures in government.

The report signed by Acting Auditor General, Thomas Makiwa reveals that Ministries, Departments and Agencies failed to comply with various financial laws, regulations and procedures.

The main findings show that stores amounting to K441 million were not traced to the stores register, fraudulent payments worth K444 million were made to personal accounts, and supporting documents were not provided for payments worth K301 million.

It further uncovered that payment vouchers worth K269 million were not provided for audit inspection, fuel amounting to K240 million was not recorded in the fuel register, and K187 million went into an operating account used for unrelated activities.

Fake remittance advices that led to abuse of public funds accrued to 177 million while passports not presented for verification of external travel accumulated to K166 million.

The report also provides that payments made before rendering services swindled about K138 million while misallocation of public funds stood at K122 million.

Meanwhile, the Human Rights Defenders Coalition (HRDC) is demanding the Anti-Corruption Bureau (ACB) to investigate with speed an alleged illegal purchase of a fuel testing van by the Malawi Energy Regulatory Authority (MERA).

The grouping, through its whistleblowing initiative received information and relevant documents from the public indicating that MERA flouted producers in purchasing the van.

 

 

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