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Auditor General has no funds for K236 billion Cashgate report

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Review process of the K236 billion Cashgate audit report has stalled because the office of the Auditor General has no funds.

The K236 billion report comes from the K577 billion report following a forensic audit that was conducted for a period covering more than five years in government by Pricewaterhouse Coopers. The second report, which reduced the amount from K577 billion to K236 billion, was issued by RSM.

The delay to fund the report denies Malawians transparency over public resources that may have been abused.

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Speaking to journalists on Wednesday, Auditor General, Stephenson Kamphasa, said there are no funds to complete the K236 billion report but said there was hope because one of the development partners has shown interest to help.

“We are yet to finalise the K236 billion report. A number of files may rise or drop, hence we asked for money to finish this audit. Government assured us of support,” Kamphasa said.

Then he disclosed that one of the development partners has promised to provide the required resources.

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“We are in discussion. Usually, the development partners give us technical expertise,” he said.

After a review of the K577 billion report, there emerged 13 case files which have been submitted to the Anti -Corruption Bureau for further investigations.

There are already divisions in the Public Accounts Committee of Parliament with its Chairperson, Alekeni Menyani, siding with Kamphasa while his deputy, Kamlepo Kalua, maintaining that seven out of the 13 files are for ministers and that President Peter Mutharika is protecting them.

But Mutharika issued a 24-hour ultimatum to Kalua to disclose the names or “shut up forever”. In retaliation, Kalua issued an equal ultimatum to Mutharika to fire the ministers.

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