Trustees of MISA Zambia have written to Henry Kabwe, the current board chairperson, telling him to resign in the face of an audit report that unearthed glaring financial regularities at the private media association.
And MISA Zambia auditors have demanded that the money paid to Neo Simuntanyi for work not done should be refunded.
In a move fully backed by other board members under Kabwe, the trustees gave Kabwe an ultimatum which lapsed yesterday (Monday July 26) at 17 hours.
In letter to Kabwe, the Trustees Dr. Gilbert Mudenda and Veteran journalists and former MISA chairperson Matsauso Phiri, state that Kabwe’s departure will restore waning confidence in MISA.
An audit report by Ncube and Associates done in March 2010, cites irregularities in tender Awards to “Consultants”, Change of Ownership of premises, Failure to code, track and trace MISA Assets and Irregular payments to staff for rapporteuring and project allowances.
The audit also confirms the K70 million scandals involving MISA, Save the Children of Sweden and a former ZNBC Employee.
The Report states that the Chairperson of MISA Zambia Governing Council Henry Kabwe was involved in this scam. Henry Kabwe did not provide his colleagues with documentation for Board approval. The Auditors also said they could not verify if the work was done for the K26million paid to Cleopatra Haamambo of ZNBC.
In relation to this K70m scandal, the Audit Report states that procurement procedures were flouted and MISA continues to encourage unsound contracting practices and fails to practice standards of Good Corporate Governance.
The auditors also found that MISA paid K33 Million to Pangolin, a company owned by Dr. Neo Simuntanyi but that no work was done.
The auditors said that this money should be refunded.