Continued fraud worries Matibini

Filed under: Breaking News |

pat matSpeaker of the National Assembly Patrick Matibini has expressed sadness that government lost over K121 billion as a result of failure to follow procurement procedures and over K1.2 billion due to non delivery of purchased materials by government departments last year.

Speaking when he addressed delegates during the 11th Southern African Development Community Organization of Public Accounts Committees (SADCOPAC) annual conference in Lusaka today, Dr. Matibini says it is disheartening to note that every year the Auditor General’s report contains recommendations by the public accounts committee which remain outstanding.

Dr. Matibini however notes that the phenomenon is not peculiar to Zambia but that many other countries in the SADC region are facing similar challenges and continue to lose large sums of public resources due to weak public procurement systems.

Dr. Matibini has since appealed to the conference delegates to ensure that they concentrate on proposing ways and means of redressing the shortcomings.

And speaking at the same function, Public Accounts Committee (PAC) Chairperson Vincent Mwale says PAC has continued to grapple with challenges arising from public procurement.

Mr. Mwale notes that the fact that public procurement involves exchange of public funds for goods and services makes it attractive for corruption and abuse of funds, rent seeking behavior by public officers and in some cases actual theft.