WESTERN Province Permanent Secretary Emmanuel Mwamba has given Mongu Trades Training Institute management seven days to account for over K1.2 billion ( KR1.2m) that has been misappropriated at the learning institution.
In a letter addressed to Mongu Trades Training Institute Principal Elvis Mooto dated 24th May 2013, Mr Mwamba expressed deep concern that management was abusing resources in a flagrant manner and the internal audit he had commissioned had revealed glaring financial irregularities.
In a press release yesterday, the permanent secretary disclosed that he had instituted the audit to verify numerous reports of alleged abuse of public resources by management and was saddened that the report had established wide scale abuse of resources by the management.
He said the internal audit report commissioned revealed that Mongu Trades Training Institute management made payments amounting to K833, 197,692.00 which were not supported by any relevant documents such as local purchase orders, invoices, cash receipts or authority contrary to Financial Regulations number 45 and 52.
“Management made payments amounting to K112, 452,558.00 without any disposal details such as vouchers, stores ledger and goods received vouchers.
The Audit Report also revealed that management regularly flouted tender procedures, made numerous irregular payments and failed to account for imprest,”he said.
Mr Mwamba said the institution received over K3 Billion (KR 3 million) in 2012- 2013.
“Its sources of income came from Government grants, fees from student, hiring of the college hall and bursaries from Government. The Institute provides technical, vocational and entrepreneurship education, “he said.
And Mr Mwamba stated that the institute was vital to Government policies and programmes of preparing and providing life and entrepreneurial skills to young people.
He said he was therefore saddened that management was abusing the meagre resources intended to for this purpose.
He warned that that if management’s audit responses were not satisfactory, he would hand over the matter to police for immediate criminal investigations.
The accountant and the principal ate the money so who is going to account for it?
1.2 billion is nothing compared to what bembas steal,, let the lozis eat also, after all its their first `stealing`
there is something terribly wrong with ndobo.
how and why should you support such things all in the name of tribes?
your reasoning is way below average.
Chizungu namwe a Nubian ,’ate the money’ ,LOL!How did they manage to swallow all those notes?
When will financial irresponsibility ever end in Zambia, some people think they have a right to abuse public funds with impunity and when they are caught with their fingers in the pot, they start claiming ‘witch hunt’.
imagine…
Masholi ba Lozi
Its unfortunate we’ve too many kids with easy access to Internet frequenting sites for grown ups. Kids like Ndobo and Mushota must be adviced by their parents to be spending more time on school work.
@Msana wanzili
hahahahah i feel for you my child! the internet is too big for you! pressure ka!,,, not all is nice on the internet my boy..sorry!
Ndobo you are sick. A Psycho!
kinayo bafikala….onayeo.
To me these seem like ordinary audit queries that management can address and It is a bit premature for the PS to go to the public before management responds to the queries raised in the internal audit report. There seems to be no MISAPPROPRIATION in the above. If management has stolen then indeed they should be handed over to the authorities but the ground for this should be convincing enough to stand in court . Internal control weakness issues are common in any public institution.
Financial accountability must begin with the ministry of finance and Presidential affairs.