Auditor General says K577bn cashgate  investigations on track

Owen Khamula – Nyasa Times

Malawi’s Auditor General Stevenson Kamphasa has assured that the K577 billion plunder of public money between 2009 and 2013 spanning two political administrations is on track.

Stephenson Kamphasa, the Auditor General
Stephenson Kamphasa, the Auditor General

His comments come after Malawians start losing hope in the public auditors’ office following reports that the Peter Mutharika administration was frustrating the audit as his brother, former president, Bingu wa Mutharika is alleged to have looted close to K92 billion from the public coffers.

“Yes, we are meeting several challenges. To get information from people is always a problem but we are making progress, we will make it,” said Kamphasa.

He said the investigations and the audit started late because a consultant was identified and engaged late for the project but was upbeat his office would catch up with time.

Kamphasa said the investigations and the audit might finish in July or a month later.

Some sections of the society have expressed concern that the report might be compromised because of President Mutharika’s vast interest on the matter as even some cabinet ministers, including Labour minister Henry Mussa, were named in the K92 billion Bingu report.

Opposition leaders have been pushing for the report with Peoples Party vice president Kamlepo Kalua claiming the K577 billion has now ballooned to K1 trillion.

Kamphasa refused to comment on the matter.

Follow and Subscribe Nyasa TV :

Sharing is caring!

Follow us in Twitter
1 Comment
oldest most voted
Inline Feedbacks
View all comments
Mkango Lion
Mkango Lion
6 years ago

Thats Kamphasa we know. He has destroyed the National Audit Office. The Office which was ticking before his arrival is now dead. He is benefitting from outsourcing all audits which is expensive for the Govt. The National Audit which was famous for it K89 million Education scandal and K 2 bn Appex ten ten years ago is failing because Peter Muthalika is retaining this man. K3 trillion not audited, this man. Woe to Malawi becaues of this man.

Read previous post:
Doreen Kapanga out on bail: Ex Malawi deputy ambassador to Ethiopia charged with money laundering

Owen Khamula – Nyasa Times Former deputy ambassador to Malawi’s Addis Ababa embassy in Ethiopia, Doreen Kapanga has been granted...