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*Zimbabwe Anti Corruption Commission, 38 Parastatals Fail To Submit Financial Reports* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?hu Auditor-General, Mrs Mildred Chiri’s 2018 audit report has revealed that at least 38 State-owned institutions failed to submit their financial statements for the 2018 annual audit to her office with frequent offenders going as far back as 2009. The audit report that was presented in Parliament last Thursday by Justice Minister, Ziyambi Ziyambi, revealed that the Zimbabwe Anti-Corruption Commission, Procurement Regulatory Authority of Zimbabwe, Air Zimbabwe and the Zimbabwe Broadcasting Corporation also failed to submit their statements. The report also disclosed that the Parliament of Zimbabwe did not submit its 2018 accounts for audit, the Agriculture Research Council (2017-2018), Broadcasting Authority of Zimbabwe (2018), Grain Marketing Board (2018) and Harare Central Hospital (2018). ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- Chiri noted that at least 67 entities have their audit reports in progress while 18 were at the signing state. She further reported that of those that were audited, most of them were not settling their statutory obligations. This has led to most of them owing huge amounts of money. She reported: > Of particular concern was Printflow and the Zimbabwe Institute of Public Administration and Management which owed $2 422 252 and $997 530, respectively, as at December 31, 2018. National Handling Service (NHS) was not remitting pension contributions and had an outstanding liability of $2 138 144. In addition, NHS could not account for unbanked amounts totalling $49 290. The report also exposed poor finance management in some government ministries. It further noted a poor recording of business transactions into the books of accounts, diversion of funds and payment for goods that were never delivered. More: News Day _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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