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LAW ENFORCEMENT AGENCIES URGED TO PROBE ALLEGED LOOTING OF K100 MILLION AT MINISTRY OF FINANCE

Editor - Melo Media (ZM) by Editor - Melo Media (ZM)
25 August 2022
in Melo News
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LAW ENFORCEMENT AGENCIES URGED TO PROBE ALLEGED LOOTING OF K100 MILLION AT MINISTRY OF FINANCE
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By Lukundo Nankamba

Transparency International Zambia–TIZ- is calling on law enforcement agencies and the Office of the Auditor General to urgently look into the alleged looting of K100 million at the Ministry of Finance.

Commenting on a recent investigation work which has revealed alleged intricate network of organized looting that occurred at the Ministry of Finance between 2019 and 2021, TIZ Executive Director Maurice Nyambe says this is unacceptable as the public finance management act no. 1 of 2020 provide a strong framework for the efficient management of public funds across all ministries.

Mr Nyambe notes that among the most serious revelations were those of five senior officers allegedly receiving close to K5 million in fictitious sitting and daily subsistence allowances over the two-year period.

He says TIZ is further concerned that all these revelations are heightened by the fact that the suspected intricate network responsible for this alleged looting has reportedly been in existence for a long time, crossing three different governments, including the current one and yet it appears that no such queries have been raised by the office of the Auditor General.

CREDIT: PHOENIX NEWS

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