Millions of Pula �vanish� in Youth Fund

The report, covering the 2015 financial year, reinforces reports that emerged at last year’s Public Accounts Committee where Youth, Sport and Culture Permanent Secretary (PS), Louis Malikongwa admitted that government had no clue how much had been disbursed under the YDF or how much was outstanding.

At the time, Malikongwa said the YDF could not be monitored due to the lack of a proper loan book and outstanding balances could not be recovered, as there was no reliable tracking process.