Co-chair of a joint Public Accounts Committee and Budget Committee Kamlepo Kalua has ordered the government to immediately reinstate a US$30 million budget for office complex for the National Audit. Kalua made the order on Wednesday when Auditor Genneral Stevenson Kamphasa appeared before the committee in a parliamentary cluster meeting. Kamphasa complained that the current […]
Chairperson of the parliamentary Public Account Committee (PAC) Alekeni Menyani said they are pushing for the autonomy of the office of the Auditor General as recommended in the review by KPMG international audit private firm. Menyani said they are pushing for the autonomy to allow Auditor General to retain his own staff at the National […]
As Malawi is now becoming infamous as a nation of thieves in public offices, the giant private auditing firm KPMG has exposed that about K200 million of taxpayer money may have been mismanaged at the National Audit Office (NAO) through illegal allowances between 2011 and 2013. According to a report in The Nation newspaper of […]
Office of the Auditor General is yet to start an audit exercise in how a US$50 million loan the government took from India to buy tractors for small scale farmers ended up being sold to the country’s elite. The Ombudsman ordered the audit three months ago following reports of maldministration on the loan. However, Stepheson […]
Parliament’s powerful Public Accounts Committee (PAC) has told the Auditor General Stevenson Kamphasa to deal with the latest audits of government as fears for more plunder of government money at Capital Hill, the seat of government continue. PAC chairman Alekeni Menyani said the Auditor General is four years behind but the parliamentary committee wants the […]
National Audit Office (NAO) has asked for more funding to complete the national headcount in the civil service to cover State House, Malawi Defence Force, National Intelligence Bureau and Chiefs who were skipped during the exrcise in April this year, it has been reported. Finance Minister Goodall Gondwe told the International Monetary Fund (IMF) that […]
The Auditor General Stephenson Kamphasa’s report with details of individuals and companies suspected to have been involved in abuse of public resources between 2009 and 2014 has some stale information including companies cleared of cashgate, the Public Accounts of Parliament (PAC) has observed. PAC vice chairman Kamlepo Kalua rubished the reports in the new forensic audit, […]
Officials from the graft busting body, the Anti-Corruption Bureau (ACB) says it has received 13 company names from the Auditor General on the suspects of the infamous K577 billion plunder of public resources following a forensic audit conducted by RSM Risk Assurance LLP of the UK covering 2009 to 2014. ACB director Lucas Kondowe confirmed […]
Malawians are up in arms on social media against government failure to release names of seven cabinet ministers allegedly involved in the K577 billion plunder of public resources at Capital Hill and the contradictions with figures Auditor General Stephenson Kamphasa has presented in his report. The government on Monday said it would release names of […]
The Malawi’s Auditor General Stevenson Kamphasa is reportedly facing intimidation and harassment from senior cabinet ministers implicated in the K577 billion (about $856 million) plunder of public money between 2009 and 2013 after names had leaked to the media. Kamphasa confirmed National Audit Office (NAO) has submitted 13 files related to the pilferage of public fund between 2009 […]
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. His comments come after Malawians start losing hope in the public auditors’ office following reports that the Peter Mutharika administration was frustrating the audit […]
Office of the Auditor General says it has finalised a report on the ministry of health scam which saw staff stealing millions of money meant for a US funded project. Spokesman for the office Lawrence Chinkhuta said the report and recommendations have since been sent to the ministry for action against the 60 members of […]
Malawi government has not funded a meeting to scrutinise the preliminary report into the forensic exercise of the government’s accounts dating back to 2009 by PricewaterHouseCoopers (PwC) with names of those suspected to be at the centre of the plunder known as K92bn DPP-era cashgate. The data analysis report compiled by audit and business advisory firm […]
PricewaterhouseCoopers (PwC)Advisory Services who were working on methodologies on the reconstruction of the cashbook in the wake of audit query for the K92 billion (US$204.4 million) mismanaged under the watch of the first Democratic Progressive Party (DPP) administration led by former president the late Bingu wa Mutharika, have recommended comprehensive forensic audit. In the 52-paged […]
A forensic audit report expected to unravel the K92 billion (US$206.7 million) Cashgate which was reportedly mismanaged during the first Democratic Progressive Party (DPP) is not ready , Auditor General has said confirming what President Peter Mutharika told a news conference last week. Mutharika told journalists that there is an “audit query” involving the K92 billion. […]
The National Audit Office has quashed claims by Allan Ntata, the late Bingu wa Mutharika’s legal adviser, implicating President Peter Mutharika in the K92 billion (US$206.7 million) Cashgate which was reportedly mismanaged during the first Democratic Progressive Party (DPP). Ntata claimed pressure is mounting on President Mutharika not to release the MK92 billion forensic audit […]
A comprehensive forensic audit of ministries and departments covering the period between 2009 and 2012 under the Democratic Progressive Party (DPP) rule in what is being christened as ‘DPP K92billion US$206.7 million) cashgate’ scandal is ready for release. The National Audit Office (NAO) will next week release the investigation conducted by PricewaterhouseCoopers (PwC), according to published […]
Auditor General Stephenson Kamphasa has told the Public Accounts Committee (PAC) of Parliament that his office alongside audit firm PriceWaterhouse Coopers (PwC) has commenced the K92 billion investigations into the forensic audit covering 2009 to 2013. A comprehensive forensic audit of ministries and departments covering the period between 2009 and 2012 under the Democratic Progressive […]