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Tuesday, 22 November 2016

CALL TO PROBE TREASURY DEPARTMENT

Trade unionists in Swaziland have called for an official inquiry after it was revealed that E5.1billion (US$360 million) was unaccounted for in Treasury Department bank accounts.
 
The Trade Union Congress of Swaziland (TUCOSWA) called on the Swazi Prime Minister Barnabas Dlamini to launch an inquiry headed by a judicial officer of national repute or a judicial inquiry.
 
The missing E5.1 billion was highlighted during an audit of the Accountant General’s office by Kobla Quashie and Associates. The independent auditors feared there may have been fraud, misappropriation and embezzlement. 
 
TUCOSWA Secretary General Vincent Ncongwane in a statement said, ‘Failure to address this matter will leave us with no option but to call for a national shutdown in order that the due importance and urgency of the matter is appreciated.’
 
TUCOSWA estimated the missing funds amounted to more than 35 percent of the national budget of Swaziland.

See also

BILLIONS MISSING IN TREASURY BANKS

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