By PETER SICHALIOVER K2 million released by the Chinese government for the construction of a conference hall at the Ministry of Foreign Affairs has been squandered, the Auditor General’s report has revealed.The ministry had misapplied the funds on unrelated activities such as air tickets, subsistence allowances and stationary.The report indicates that China gave the money to Zambia for the construction of a conference hall at the ministry headquarters, with a condition that China Civil Engineering Construction Corporation (Zambia) Limited would be engaged to do the works.It also indicates in August 2017, K2,598,418 was received from China and deposited into the Third Party Account for the Ministry.Zambia was to provide counterpart funding of K1, 180, 207.The AG’s report disclosed that the site possession certificate was signed on August 30, 2018.On October, 23 2018, the contractor requested for an advance payment of K944,656 VAT inclusive which was not paid as the ministry had misapplied the funds on […]
Foreign Affairs misapplies K2m

Sign Up For Daily Newsletter
Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
- Advertisement -



