Economy

Body of accountants calls for quick resolution of probes at Ministry of Finance to restore integrity

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The prolonged investigations at the Ministry of Finance and National Planning are posing a reputation risk to the country, the Institute of Chartered Accountants (ZICA) has said.

ZICA president, Cecilia Zimba, said this was so considering the fact that 19 senior government officials tasked with the responsibility of Public Finance were affected in the investigations.

Addresing a media briefing in Lusaka on Wednesday, Zimba said the integrity, independence and assurance that the affected offices provide needs to be restored sooner rather than later.

She urged the relevant authorities investigating the matters to expedite the process as most staff were holding positions on an acting capacity and cannot make decisions, which were affecting the smooth operations of the government.

Read More: Ministry of Finance top shots, Chikuba, Ngwenya arrested, released on bond for alleged corruption

“We have learnt with regret the resignation of the Auditor General Dr. Dick Sichembe, we urge the government to ensure the new Auditor General is appointed sooner rather than later to allow for the smooth running of the office,” Zimba said.

On the Audited Financial Report for the year ended December 31, 2022 released last month, Zimba commended government on what it called a momentous occasion.

She said this remarkable milestone was a testament to the dedication, hard work and commitment of members of finance and accounting professionals, members of ZICA, serving in Public Service.

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