Auditor General, DEC and FIC sign MoU

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The Office of the Auditor General, the Drug Enforcement Commission (DEC) and the Financial Intelligence Centre (FIC) have signed a Memorandum of Understanding (MoU) aimed at providing audit services to government and other institutions in the country.


The audit services are aimed at enhancing accountability and value for money in the management of public resources.


During the signing of the MoU, Auditor General Anna Chifungula said the collaboration will help to comprehensively execute the duty of accountability in the management of public funds.


Ms. Chifungula said the MoU will further help her office to timely access information from DEC and FIC in order to expeditiously conduct the specialised and other audit work.


She added that the MoU will help share information that requires further investigation and prosecution by the law enforcement agencies.


She said the information exchange that will take place will assist auditors in the specialised directorate especially those carrying out performance audits and forensic investigations.


Meanwhile, Ms. Chifungula has said people have been arrested for the K3.3 million graft case involving the Ministry of Local Government and Housing staff.


She said other cases which are progressing include National Pensions Scheme Authority (NAPSA) construction of housing units in Kalulushi and Citizens Economic Empowerment Commission (CEEC) clients’ failure to pay back loans.


And DEC Commissioner Alita Mbahwe said the collaboration with Auditor General’s office will enhance the process of punishing those that engage in vices that are detrimental to the advancement of the nation.


 Ms. Mbahwe said this will further safeguard the meagre public resources that Zambia has.


She said DEC will cooperate in combating and fighting fraud as well as money laundering activities that involve government resources.


And FIC Director and Chief Executive Officer Mary Chirwa said her centre’s mandate was to enforce money laundering fight, terrorist financing and other serious offences.


Ms. Chirwa said the MoU will greatly benefit the Zambian people as moneys saved as a result of the combined efforts will be channeled towards development.