Careless gov�t accountants leave billions lying idle

Tuesday, June 27, 2017

The 2016 Auditor General’s (AG) report has revealed that it is a common occurance to find idle funds totalling to hundreds of millions of pula. At some point a total of P2 billion was found idle in different government departments because of careless accountants.

It is either the officers are unable to account for the funds or they do not know what to do with the funds, says the report issued last week.

These funds were at some point part of defunct ministries, unclaimed deposits to the Consolidated Fund, or the officers could not trace their origins, or give any clear explanations.

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