Connect with us

Hi, what are you looking for?

LOCAL NEWS

“Mari Yakaendepi?”, Office of the President Red-Flagged Over Missing Funds!

Harare | The Office of the President and Cabinet (OPC) has been notified by Acting Auditor-General Rheah Kujinga of funds that were moved to President Emmerson Mnangagwa’s home province of the Midlands and Bulawayo but could not be accounted for.

The state’s top office, the Office of Public Counsel, is in charge of organising, directing, and overseeing the creation, carrying out, overseeing, and assessing public policy.

The OPC is also in charge of programmes and programmes aimed at improving people’s lives, sustainable development, and economic progress.

In the Appropriation Accounts, Finance and Revenue Statements, and Fund Accounts for the year ended December 31, 2022, submitted to Parliament, Kujinga, however, stated that she was unable to monitor the use of funds totalling ZW$108 900 000 that were given to the Midlands provincial office by the OPC.

The acting AG added that she was unable to track down an additional payment of ZW$120 038 449 that the OPC had made to the provincial office in Bulawayo.

Advertisement. Scroll to continue reading.

“The Office (OPC) disbursed funds from the Sub-PMG account to the Provincial Affairs and Devolution Offices bank accounts for monthly operations,” according to a portion of Kujinga’s report. The Provincial Affairs Office and the Devolution Offices received total disbursements of ZW$108 900 000 and ZW$93 825 439, respectively, during my visits to Midlands and Bulawayo.

“However, release letters outlining the funds’ intended use were not included with the disbursements.”

Kujinga emphasised the concern by stating that there’s a chance the money wasn’t used for what was planned, which would have an impact on the OPC’s ability to provide services.

“Release letters providing instructions on how the funds should be utilised should accompany OPC Head Office disbursements to Provincial Offices,” stated Kujinga.

She also lamented the lack of strict controls over the money that the OPC distributed to provincial offices.

Advertisement. Scroll to continue reading.

“To enable consistency and accurate financial information as well as to adhere to controls set by government,” she stated, “the OPC head office should ensure that all provincial affairs and devolution offices must process their transactions in the PFMS.”

The acting AG made this statement after pointing out that payments of ZW$93 825 439 and ZW$120 038 449, respectively, from the Provincial Affairs and Devolution Offices in Bulawayo and Midlands were handled outside of the PFMS.

The Public Finance Management (Treasury Instructions), 2019 section 36(5) states that accounting officers must make sure that all proposed expenditures for their ministries are in line with the budget and that all transactions are recorded in the Public Financial Management System (PFMS). This was in violation of that section.

Since PFMS guarantees responsibility and transparency in the use of public monies, it comes highly recommended.

“To capture expenditure in the PFMS, the Office (OPC) should have used kiosks that were established in Provinces,” Kujinga stated.

Advertisement. Scroll to continue reading.

She stated that the OPC might not be able to completely account for expenses incurred by provincial offices if transactions are not captured in the PFMS.

The OPC’s audited financial accounts covered the fiscal year that concluded on December 31, 2022.

They consist of the revenue and finance statements, the appropriation account, and additional supporting returns.

ZW$79 546 799 000 was the total amount of funds allotted to the OPC during the year under review.

For Feedback and Comments Please Contact Us On WhatsApp: +27 82 836 5828
Advertisement. Scroll to continue reading.
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Catch More Updates Below

LOCAL NEWS

Armed men, claiming to be law and order officers, raided the home of Daily News editor Guthrie Munyuki early on Friday after an error...

LOCAL NEWS

President Emmerson Mnangagwa has approved two additional groundbreaking presidential initiatives aimed at empowering Zimbabwe’s economically marginalized population. These initiatives, the Presidential Internet Scheme (PIS)...

LOCAL NEWS

President Emmerson Mnangagwa has reappointed Bubi MP Simelisizwe Sibanda as the Deputy Minister of Higher and Tertiary Education, Innovation, Science and Technology Development. In...

LOCAL NEWS

Vice President Constantino Chiwenga’s aspirations to succeed President Emmerson Mnangagwa in 2028 have encountered a significant obstacle as his hometown, Mashonaland East Province, has...

LOCAL NEWS

As Zimbabwe gears up for the 44th Southern African Development Community (SADC) Summit, President Emmerson Mnangagwa has made an earnest plea for peace and...

BUSINESS NEWS

Banks need to adjust their excessive charges as this is affecting financial inclusion in the country, a senior Government official has said. Speaking during...

LOCAL NEWS

President Emmerson Mnangagwa has expressed shock and revulsion at the attempted assassination of former United States President and presumptive Republican Party Candidate for the...

LOCAL NEWS

Vice-President Constantino Chiwenga refrained from chanting a slogan endorsing President Emmerson Mnangagwa’s extended rule during a Zanu PF gathering in Chikomba, Mashonaland East province....

Advertisement