Aviation school ordered to pay P44m
Friday, February 24, 2023 | 140 Views |
Following the establishment of the Specialised Audit Division, the Auditor General Pulane Letebele has come to a conclusion that it is Seduke who is due to refund DTEF the sum of P44,034,733.50.
This is contained in the latest Auditor General’s report for the financial year ended March 2021. The report is dated January 9, 2023. At the heart of the dispute between IAS and DTEF is incomplete training contract and the amount of money paid for its delivery. IAS is alleged to have made an invoicing error resulting in them having to deliver more training hours, compared to what was initially invoiced.
These are not ordinary times. Yet, history reminds us that this nation has navigated difficult waters before and did so by clinging firmly to the principles of prudence and macroeconomic stability. From independence in 1966, Botswana chose a path few resource-rich countries managed to sustain. Diamond revenues were not treated as windfalls for reckless expansion, but as capital to be managed with caution. The establishment of fiscal rules,...