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GOVERNMENT has lost millions due to a lax internal control systems, pilferage and violation of tender procedures at the Ministry of Finance and Economic Development, unearthing corruption across the Zanu pf regime
ZIMBABWE GOVERNMENT has lost millions due to a lax internal control systems, pilferage and violation of tender procedures at the Ministry of Finance and Economic Development, unearthing the obvious corruption across the Zanu pf regime.
An audit by the AG Mildred Chiri in her 2017 audited report tabled in the National Assembly last month, shows that Zimbabwe’s Treasury paid US$140 million to international creditors without supporting documents.
Government’s issuance register for TBs and bonds is in shambles,making it a daunting task to trace missing or unrecorded commercial paper. More to follow, By Sibusiso Ngwenya.