Liberia: Audit Indicts Ex-Finance, CSA Officials

  • 📰 allafrica
  • ⏱ Reading Time:
  • 71 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 74%
  • Publisher: 99%

Africa News

An audit into the procurement of two buses in January 2022 has held former top Finance Ministry and Civil Service Agency (CSA) officials liable for abuse of public funds and trust.

An audit into the procurement of two buses in January 2022 has held former top Finance Ministry and Civil Service Agency officials liable for abuse of public funds and trust.

Upon recommendation from the Procurement Unit headed by Director Eric Arkoi, the Audit said the contract price and the number of buses were reduced verbally, and payment was requested in full sum as in the contract without amendment reflecting the necessity of the changes.As part of the audit, the investigating team headed by the Director of IAU, Mr. Augustus V.

However, the report indicated that there is a contract to consummate the procurement process for $211,797.00 for three"32-seater Zhengzhou Dongfeng GLX 2.4l 2020 model buses.The buses to be supplied were later reduced to two, and the amount was adjusted without effect on the agreed contract price, in violation of the PFM regulations.

The Audit stated that the Procurement executed her mandate from soliciting a bid to the award of the contract and request for payment. By evidence of receipt attached, the audit found that Duke CARMAX issued a receipt of funds on January 24, 2022, for $142,100 US, after withholding tax deduction for the payment of two buses.

"The director's action serves the purpose of abuse, waste, and wrongful discharge of public trust and money," the Audit report noted.Consistent with the findings and records available to the Auditors, it was suggested, among other things, that the DMA and AMA acted in an unregulated fiscal environment that led to financial indiscipline.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Liberia: Frontpageafrica's Latest Investigation Unveils Procurement Breach in Ministry of Finance, Roviagate ContractIt appears that the alleged financial scandal hovering over the Deputy Minister for Administration at the Ministry of Finance, Bill McGill Jones, is far from ending, as documents in the possession of this paper point to more startling revelations surrounding the Budget Management System Contract and other software (IT) contracts awarded to...
Source: allafrica - 🏆 1. / 99 Read more »