Magande says it’s okay for PF to misappropriate more K500b because it’s first year

Former Finance Minister Ngandu Magande says the Patriotic Front (PF) government should be forgiven for having recorded an increased unvouched expenditure in the year 2012.

Ng’andu Magande told QFM radio that this is because the PF government had only been settling down as new a government in 2012 and therefore the increase of 553 billion kwacha of unvouched expenditure in its first year of governance from 77 billion kwacha recorded in 2011 should be understood.

He said the revealed unvouched expenditure recorded in 2012 will have to be compared to that of 2013 understanding that now the PF government will have settled down and understood how financial regulations operate.

He says the 2013 unvouched expenditure revelations by the Auditor General’s report will ascertain as to whether the 553 billion recorded in 2012 implies that the PF government has come to do things differently and whether it is using taxpayers’ money without following proper regulations.

And the NMP president has refuted sentiments that such an increased unvouched expenditure recorded in 2012 implies that the financial public management controls have broken down under the PF government.

He says this is because the previous Patrick Mwanawasa led Movement for Multiparty Democracy (MMD) government in which he was Finance Minister left in place laws and mechanism that ensures that anyone found breaking the financial public management controls can be caught.

The opposition Zambians for Empowerment and Development (ZED) had observed that the increase of unvouched government expenditure as revealed in the 2012 Auditor General’s report implies that there is a breakdown in public finance management controls under the PF government.

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