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Friday, 8 June 2012

Plundered Parastatals

The latest Auditor General’s report on parastatals reveals glaring irregularities and abuse of funds amounting to over K1 trillion. 21 institutions had their 2010 accounts combed, revealing irregularities such as unretired imprest (totalling K 1.5 billion), unsupported payments (K 35.3 billion) and irregular payments (K 651.7 billion). Other irregularities included failure to follow tender procedures and pay statutory contributions. Money was unaccounted for, misapplied, not recovered from loans and misappropriated. Parastatals found wanting included Citizens Economic Empowerment Commission, Electoral Commission of Zambia, National Housing Authority, National Pension Scheme Authority, Road Traffic and Safety Agency, University of Zambia, University Teaching Hospital, Zambia Revenue Authority and ZESCO.

Several examples were highlighted in the media: The Citizens Economic Empowerment Commission spent K9.1 billion on operational activities without seeking authority from the Secretary to the Treasury. Zampost rented a house for its Lusaka area manager – despite that same house being owned by the area manager. The University Teaching Hospital had made payments of K5.7 billion without supporting documents such as receipts or invoices. The National Housing Authority had not paid the Ministry of Finance K3.7 billion collected from the sale of properties seized by the old Taskforce on Corruption. The National Institute of Public Administration procured goods and services worth K2.4 billion without the required three competitive quotations.

And the list goes on. We are hoping to get hold of the report and dig into a little more detail on the website after we complete the constitution review.

4 comments:

  1. and what about ZCCM ??
    $100 million swindled from zccm

    where is the money ?
    where are the plunders and crooks ???

    nothing was done since 2007 !!

    ------------
    http://www.apaphoto.net/spip.php?article32502

    02-05-2007 12:30:45

    Mauritius-Zambia-Assistance

    Zambia, Mauritius move to retrieve $100m from fraudsters

    APA - Port Louis (Mauritius) Zambia and Mauritius, within the framework of the Mutual Assistance Programme are working to retrieve 100 million dollars alleged swindled from the Zambia Consolidated Copper Mines (ZCCM), APA learnt here.

    The Zambian government holds 85 percent of shares in the ZCCM.

    A high level delegation of the Zambian Task Force on Corruption, Tuesday arrived in Mauritius to pursue the matter.

    Rama Valayden, the Attorney General and Minister of Justice to reporters Wednesday in the capital, Port Louis, that he will hold a working session in the evening with the Zambian delegation to discuss the follow up of the case which implicates offshore companies incorporated in Mauritius.

    He said about 100 million dollars have been transferred through the Bank of Butterfield Account in London, before being invested in the banking system in Mauritius and said the suspects in the scam are known by Zambian and Mauritian authorities.

    At the beginning of the year, at the request of the Zambian government, the Mauritius Supreme Court issued an ’Attachment and Freezing Order’ to several banks here on the accounts of the suspects, Mr Bernard Mungulude, Mr Kazhi Kateke and the Laxi diamond company.

    The duty of the Zambian Task Force on Corruption now was to seek to identify the local agents and representatives of the suspects so as to be able to recover and repatriate the money.

    Hence, local banks have been assigned to submit documentary evidence to expose the criminal gang, or else the banks will face dire consequences, Valayden said.

    SR/daj/tjm/APA
    02-05-2007

    ReplyDelete
  2. and what about ZCCM ??
    $100 million swindled from zccm

    where is the money ?
    where are the plunders and crooks ???

    nothing was done since 2007 !!

    ------------
    http://www.apaphoto.net/spip.php?article32502

    02-05-2007 12:30:45

    Mauritius-Zambia-Assistance

    Zambia, Mauritius move to retrieve $100m from fraudsters

    APA - Port Louis (Mauritius) Zambia and Mauritius, within the framework of the Mutual Assistance Programme are working to retrieve 100 million dollars alleged swindled from the Zambia Consolidated Copper Mines (ZCCM), APA learnt here.

    The Zambian government holds 85 percent of shares in the ZCCM.

    A high level delegation of the Zambian Task Force on Corruption, Tuesday arrived in Mauritius to pursue the matter.

    Rama Valayden, the Attorney General and Minister of Justice to reporters Wednesday in the capital, Port Louis, that he will hold a working session in the evening with the Zambian delegation to discuss the follow up of the case which implicates offshore companies incorporated in Mauritius.

    He said about 100 million dollars have been transferred through the Bank of Butterfield Account in London, before being invested in the banking system in Mauritius and said the suspects in the scam are known by Zambian and Mauritian authorities.

    At the beginning of the year, at the request of the Zambian government, the Mauritius Supreme Court issued an ’Attachment and Freezing Order’ to several banks here on the accounts of the suspects, Mr Bernard Mungulude, Mr Kazhi Kateke and the Laxi diamond company.

    The duty of the Zambian Task Force on Corruption now was to seek to identify the local agents and representatives of the suspects so as to be able to recover and repatriate the money.

    Hence, local banks have been assigned to submit documentary evidence to expose the criminal gang, or else the banks will face dire consequences, Valayden said.

    SR/daj/tjm/APA
    02-05-2007

    ReplyDelete
  3. powerful corrupt elements in the country are completely rotten, the task will be very difficult...

    --

    Sata needs to be steady - Sondashi
    By Kombe Chimpinde
    Mon 11 June 2012, 13:25 CAT [1046 Reads, 0 Comment(s)]

    THE forces of corruption are very strong and capable of eliminating someone, warns Ludwig Sondashi.

    Commenting on President Michael Sata's statement that he was becoming unpopular among some 'powerful' corrupt elements in the country because of his tough anti-corruption stance, Sondashi said corrupt forces were very strong and that President Sata needed to be very focused and steady.

    "Most of those people, the so called 'President's henchmen', they are not fighters of corruption. What President Sata must do is, he must be steady.

    "He must look for people who can truly help him to fight corruption," he said.

    "Those people are not necessary to be found in the party. He can find people who detest corruption and use them to fight corruption. If he doesn't do that, even himself, he is not going to manage to fight corruption. He can easily be eliminated because the forces of corruption are very strong."

    Sondashi said President Sata must be systematic in his fight against corruption by ensuring that he surrounds himself with people that detest the vice.
    He said President Sata was not alone in the fight against corruption as the position was supported by many well-meaning Zambians.

    "President Sata's observation is correct but his Minister of Foreign Affairs Given Lubinda's statement that the President is alone in the fight against the fight against corruption is not correct. The truth is that the President came to power because he was supported by the people who are fighting corruption in Zambia. There are so many Zambians that are against corruption in Zambia. That is why Sata even arose to win elections because of fighting corruption which made him to be popular. So he is not alone," Sondashi said.

    He advised President Sata to avoid aligning himself with the corrupt people for his corruption fight to gain ground.

    "The problem President Sata is facing is making the same mistake which Levy Mwanawasa made. Mwanawasa started aligning and surrounding himself with people who are corrupt and when he was surrounded by corrupt people, the same corrupt people worked hard to get rid of him…," he said.

    Sondashi warned that President Sata should not fall in the same trap Mwanawasa fell in by pleasing his associates.

    ReplyDelete
  4. powerful corrupt elements in the country are completely rotten, the task will be very difficult...

    --

    Sata needs to be steady - Sondashi
    By Kombe Chimpinde
    Mon 11 June 2012, 13:25 CAT [1046 Reads, 0 Comment(s)]

    THE forces of corruption are very strong and capable of eliminating someone, warns Ludwig Sondashi.

    Commenting on President Michael Sata's statement that he was becoming unpopular among some 'powerful' corrupt elements in the country because of his tough anti-corruption stance, Sondashi said corrupt forces were very strong and that President Sata needed to be very focused and steady.

    "Most of those people, the so called 'President's henchmen', they are not fighters of corruption. What President Sata must do is, he must be steady.

    "He must look for people who can truly help him to fight corruption," he said.

    "Those people are not necessary to be found in the party. He can find people who detest corruption and use them to fight corruption. If he doesn't do that, even himself, he is not going to manage to fight corruption. He can easily be eliminated because the forces of corruption are very strong."

    Sondashi said President Sata must be systematic in his fight against corruption by ensuring that he surrounds himself with people that detest the vice.
    He said President Sata was not alone in the fight against corruption as the position was supported by many well-meaning Zambians.

    "President Sata's observation is correct but his Minister of Foreign Affairs Given Lubinda's statement that the President is alone in the fight against the fight against corruption is not correct. The truth is that the President came to power because he was supported by the people who are fighting corruption in Zambia. There are so many Zambians that are against corruption in Zambia. That is why Sata even arose to win elections because of fighting corruption which made him to be popular. So he is not alone," Sondashi said.

    He advised President Sata to avoid aligning himself with the corrupt people for his corruption fight to gain ground.

    "The problem President Sata is facing is making the same mistake which Levy Mwanawasa made. Mwanawasa started aligning and surrounding himself with people who are corrupt and when he was surrounded by corrupt people, the same corrupt people worked hard to get rid of him…," he said.

    Sondashi warned that President Sata should not fall in the same trap Mwanawasa fell in by pleasing his associates.

    ReplyDelete

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