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Browsing: state owned enterprises
- More than $33 million was poorly spent by various Tanzania government institutions including through inappropriate allowances to staff, audit shows.
- Lugalo Hospital, an institution belonging to Tanzania’s military, paid over $14,000 to a supplier for consultation and design without charging withholding tax.
- Corrupt officials in Tanzania’s Ministry of Health paid over $8 million to Toyota Tanzania and UNICEF for the purchase of motor vehicles that were never delivered.
Tanzania could be hurtling towards a fiscal risk as an increasing number of loss-making state-owned enterprises turn into avenues for plunder and embezzlement of public funds by corrupt public servants.
The latest audit report by the Controller and Auditor General (CAG) and Prevention and Combating of Corruption Bureau (PCCB) shows hundreds of state-owned enterprises in Tanzania are in the soup for sanctioning graft-ridden transactions leading to the loss of millions of public money.
The rot starts from the top. Take for instance, …