Veep says ‘no cause for alarm’ over K100m transaction: Clarifies on FDH Bank account
Spokesperson of the office of vice-president and Disaster Management Affairs, Charles Wahara, has said there is no cause for alarm on the transfer of K100 million from Ifmis—government’s electronic payment system— to FDH Bank account to be used for month of November for Vice-President Everton Chimulirenji public functions.
The public raised red flags when a leaked letter from the Office of the Vice President, dated November 6 2019 in which the Principal Secretary and Commissioner for Disaster Management Affairs, Wilson Moleni requested Accountant General to move the money from Ifmis to FDH Account.
Moleni said the K100 million would cater for “urgent expenses.”
But in a statement made available to Nyasa Times, Wahara said the office of the vice-president and Disaster Management Affairs operates a holding account at FDH Bank.
“The purpose of this account is to cater for urgent transactions for activities under the office of the Vice-President pertaining to delegated duties and Disaster Management issues,” Wahara said in the statement.
He said the office of the vice-president is funded quarterly and part of the funds are transferred to the the operating account at FDH Bank.
“These funds that are transferred are withing the approved budget for the office.
“The office therefore, seeks formal approval from the Accountant General to facilitate the funds transfer from the Ifmis system to the operating account at the FDH Bank,” said Wahara.
The veep’s spokesman said it is a “normal practice” and is within the confines of the Public Finance Management Act.
“This is a government account and all transactions made under the account are duly approved by the Controlling Officer as it is the case with all standard Ifmis transactions,” he said.
Wahara said the FDH Bank operating account is duly audited by the National Audit Office.
He said the public should not be alarmed by the leaked letter by Moleni to Accountant General to transfer the K100 million from Ifmis to FDH Bank holding account, saying “it is a normal transaction.”
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from the look of this picture,
he seem to have no clue of wat he is doing,i mean the consequences.
ncito za ku Mw amangoti khalani apa.bola mpando wakhalapo munthu. no wonder he sat on somebodys seat when he went to Tz. basi zotelezi zimamucititsa munthu cizumbazumba,cizungul8le
Bingu Mutharika Government used to steal out money using Malawi Savngs Bank (MSB). The bank was finally sold after the liquidity issues problem.
Peter Mutharika Government is using FDH Bank of his home boy Mpinganjira to steal the money.
History repeats itself. Issues of liquidity will soon hit this bank, may be before the end of 2020. Regime change is impending and I wonder how much this will be tolerated. Mark my words, by the end of 2020 expect disasterous end
FDH ia a bank of thieves yet mwini wake amanamizila kupemphela
idyani misonkho yathuyo…anyapapi inu
Its normal kkkkk but this Government is full of shit
For all we know stealing is a normal practice in the dpp government but is it a legal practice. Thats the question. Whoever leaked that letter knew that something is out of order. He knows the legal practice and he wants Malawians to know that dpp is continuing doing their normal practice STEALING
I was wondering myself. I think Malawi is just full of jealousy and illiterate people. Lack of ethics among civil servants.
Should a Govt. department fail to use its own allocated funds just because some quarters don’t understand how Govt. operations are carried???
I smell DPP cadetism here
The money is meant to pay for the honey moon trip for Gomani to Dubai. VP had promised his chief that he would pay for everything. Tax payers have reasons to raise concerns. It is their hard earned money. Why was the VP not making all those promises and payments before he ascended into the post? Gomani is waiting for the money. All this is because Malawians are sleepy. They don’t care when someone steals their money
So FDH Bank was created solely to be a conduit for illegal government transfer of funds. Alufandika transferred 4 billion to the same bank to pay his team of election riggers and yet Mpinganjira had the impudent to tell Malawians that his bank clean of all underworld transactions.
When was the last time such a normal transaction occurred? If it is the first time or only happens once in a while there is nothing normal about it. Why not just withdraw from whereeve the source is if it is normal.
No no no, why is our Government allowing parallel systems to IFMIS which the sole approved system, somehow, with proven better built in Internal Controls for transparency and accountability of Tax Payers Money? Accountant General, this is a malpractice and should not be allowed as it compromises a number of controls, who are the signatories to this parallel bank account? Chilima, why did you allow this arrangement during your Reform Agenda?
The money has been transferred to an operational account. This should be a normal procedure within government set up as operational activities cannot be paid direct from IFMIS due to their urgency however I still have problems with the government set up. The accountant General office is appointed by the government to audit its own accounts?? There is no independence here and no wonder public resources are always abused.
Our parliamentarians also are to blame on this, my view is that they shouldn’t approve any budget before an audit and expenditure report is presented and scrutinized by the Parliament.
I would also like these expenditures to be made public for public scrutiny. In a governmebt set up, we are the shareholders and have the right to know how and why every penny has been spent.
No matter which president and party we vote into government, this thieving will not stop. Africa and Malawi we are not poor but the greed of few individuals is killing our country.
Normal,huh?
Yes, it is. So what? A Malawi, munatani? Mabodza basi!!
You are one of the most sufferers in Malawians but you are crapping hands to mediocres.
Yes