MINISTER of Commercial, Trade and Industry Margaret Mwanakatwe

 

MINISTER of Finance Hon. Margaret Mwanakatwe says she is aware of a media report referring to loss of funds under the National Road Fund Agency (NRFA).

BELOW IS THE STATEMENT

REPORT OF LOSS OF FUNDS AT NRFA

Lusaka, Friday 1 February, 2019

I have taken note of a media report alluding to loss of funds under the National Road Fund Agency (NRFA).

The matter was originally trailed through the Government’s internal audit processes and later the Office of the Auditor General in their 2017 report. It is not a new case.

In this case, the reported losses were related to minor system configuration challenges across toll booths and toll stations.

Steps have been taken to ensure that correctional measures are implemented so that any system related losses are prevented now and in future. My Ministry will continue to monitor the situation and conduct integrity checks on the system from time to time.

I have instructed the National Road Fund Agency to conduct a briefing with the media and other stakeholders to ensure that clarity is given and further feedback from the public obtained on matters incidental to toll gates.

As I have stated previously, the Government’s tolerance level to the mishandling, abuse and loss of public funds is at zero.

Where reports of verified infringement of the Public Financial Management Act, 2018, are ascertained, my Ministry will not hesitate to evoke the necessary provisions in the act to protect public resources and institute remedial action.

//Signed//

Margaret Mwanakatwe, MP, MCC,
Minister of Finance

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