More Cashgate Revealed Under APM

Mutharika: Failing to seal the loopholes in the IFMIS

Mutharika: Failing to seal the loopholes in the IFMIS

By Staff Writer

Claims that the Peter Mutharika administration has managed to seal the loopholes in the public financial management system as demanded by the key donors, is nothing but a lie.

About K47 million at the ministry of agriculture just shows how weak the systems still is.

Both Ministry of Finance spokesman Nations Msowoya and Principal Secretary in the ministry of agriculture Erica Maganga revealed that police are investigating some transactions at the ministry in the last eight months and five people have since been arrested in connection with the disappearance of large sums of money.

Police also confirmed the arrests saying that the five have since been charged with conspiracy and theft by public servant.

“The arrests started in November last year and the five will soon be appearing before the courts,” said police deputy spokesperson Mable Sefula.

The latest revelations further weakens governments’ argument that they have tightened the systems as demanded by the donors.

Donors suspended support in 2013 when it was revealed that the electronic payment system was compromised leading to the plunder of billion of tax payers. Over 60 people, including former minister of justice Ralph Kasambara and other senior civil servants are facing money laundering and theft charges.

Kasambara is also facing murder charges with four others after Paul Mphwiyo, who was budget director at treasury,was shot three times and left for dead.