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MOF HAS NO SECRET ACCOUNT – MUSONDA

MINISTRY finance accountant general Mr.Kennedy Musonda has refuted media reports that a named official received about 10 million kwacha in form of allowances and emoluments from a secret and illegal account also believed to have been used to loot the national treasury over the years.
Mr.Musonda said the ministry was not aware of any secret account but that it took the information of a purported secret account seriously was keen to learn how the alleged secret account came into being.
Mr. Musonda has since challenged the whistle blowers to avail information such as the number account, Bank name, Branch name and the signatories to the account so that remedial public finance regulations are evoked.
Musonda said in a statement that the ministry of finance had only one paying bank account which was a single treasury account.
He said relevant enforcement agencies would be engaged to ensure creators of the said secret account if it existed, are made to account for the losses that may have accrued.
He added that the ministry remained committed to good financial governance through a risk management system, robust internal controls and professional public accounts systems but welcomed information that may lead to tracing the secret account reported in the media.

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