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Karamba
United Kingdom
3820 Posts |
 Posted - 16 Feb 2007 : 00:55:40
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You've hit it. There may be a system by design but not in operation. Mansa Yahya can beat his fat chest and declare that he is DA SYSTEM. Something interesting you brought. When the authority is present everywhere but so invisible, anyone can claim acting by authority. The fact that a single signature is enough to role that amount of D6Million is enough to explain that. Put another way, there may be a design that government sells out to development partners as fulfilment of protocol. When they (government) shut the doors they lock up the entire system. Even the recent automated accounting being talked about could not be that efficient to catch the thieves. Much easier if is part of a chain work. All of it is big drama with interesting characters changing roles. |
Karamba |
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kondorong
Gambia
4380 Posts |
Posted - 16 Feb 2007 : 00:59:32
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| May be thats how Jallow was alledged to have disappeared with US3million some years back. It beat my consience how that can happen. |
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kondorong
Gambia
4380 Posts |
Posted - 16 Feb 2007 : 00:59:32
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| May be thats how Jallow was alledged to have disappeared with US3million some years back. It beat my consience how that can happen. |
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MADIBA
United Kingdom
1275 Posts |
Posted - 16 Feb 2007 : 01:20:51
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Konds, why are hysterical? are you suffering from malaria?
I am very surprised and feel disappointed with Kawsu if the allegation is true. This guy was part of panel that wanted to hire me ten yrs ago. He was then a Human Resources officer or so for PIEC.I never took the offer , becos i feared too mcuh censorship then. Though i never took up the appointment we met many times and i quite admired his administrative professionalism. This world has become a crazy one.
The issue is not as complicated as you think. If Kawsu and the former chairman are the two signatories,kawsu could sign his own side and forge his bosses. simple.
The Auditors may have uncovered the scam and thats why he's going to court.
One is presumed innocent until proven guilty in a court of law. So Kawsu may open a can of worms who knows? Lets wait and see! |
madiss |
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MADIBA
United Kingdom
1275 Posts |
Posted - 16 Feb 2007 : 01:20:51
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Konds, why are hysterical? are you suffering from malaria?
I am very surprised and feel disappointed with Kawsu if the allegation is true. This guy was part of panel that wanted to hire me ten yrs ago. He was then a Human Resources officer or so for PIEC.I never took the offer , becos i feared too mcuh censorship then. Though i never took up the appointment we met many times and i quite admired his administrative professionalism. This world has become a crazy one.
The issue is not as complicated as you think. If Kawsu and the former chairman are the two signatories,kawsu could sign his own side and forge his bosses. simple.
The Auditors may have uncovered the scam and thats why he's going to court.
One is presumed innocent until proven guilty in a court of law. So Kawsu may open a can of worms who knows? Lets wait and see! |
madiss |
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kondorong
Gambia
4380 Posts |
Posted - 16 Feb 2007 : 01:36:59
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quote:
Originally posted by MADIBA
Konds, why are hysterical? are you suffering from malaria?
I am very surprised and feel disappointed with Kawsu if the allegation is true. This guy was part of panel that wanted to hire me ten yrs ago. He was then a Human Resources officer or so for PIEC.I never took the offer , becos i feared too mcuh censorship then. Though i never took up the appointment we met many times and i quite admired his administrative professionalism. This world has become a crazy one.
The issue is not as complicated as you think. If Kawsu and the former chairman are the two signatories,kawsu could sign his own side and forge his bosses. simple.
The Auditors may have uncovered the scam and thats why he's going to court.
One is presumed innocent until proven guilty in a court of law. So Kawsu may open a can of worms who knows? Lets wait and see!
I am not saying its complicated. He is not the accountant and therefore cannot have access to blank cheques for him to forge his Boss's signature. Who supplied him the cheque.
Are you telling me that the external auditors may have detected this cheque. Dont they have bank statements to show their recurrent expenses. Dont they have an internal audit unit.
Is there no purchasing officer to sign on the vouchers that proper invoicing had been done and goods delivered by the stores officer.
In the Gambia, sometimes the Purchasing Officer is the supervisor of the of stores officer. That is a dangerous reporting line. Each post should be independent of each other. May be they dont have both.
Come on, even an uneducated market woman knows how to read a bank statement and know her balances as she withdraws.
So they have to wait for an annual external audit to know a cheque is missing? Every cheque should be accounted for and even cancelled cheques should be on file to ensure no leakages.
Sorry. Not my problem. In yoro Bawol we never saw a dollar bill. |
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kondorong
Gambia
4380 Posts |
Posted - 16 Feb 2007 : 01:36:59
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quote:
Originally posted by MADIBA
Konds, why are hysterical? are you suffering from malaria?
I am very surprised and feel disappointed with Kawsu if the allegation is true. This guy was part of panel that wanted to hire me ten yrs ago. He was then a Human Resources officer or so for PIEC.I never took the offer , becos i feared too mcuh censorship then. Though i never took up the appointment we met many times and i quite admired his administrative professionalism. This world has become a crazy one.
The issue is not as complicated as you think. If Kawsu and the former chairman are the two signatories,kawsu could sign his own side and forge his bosses. simple.
The Auditors may have uncovered the scam and thats why he's going to court.
One is presumed innocent until proven guilty in a court of law. So Kawsu may open a can of worms who knows? Lets wait and see!
I am not saying its complicated. He is not the accountant and therefore cannot have access to blank cheques for him to forge his Boss's signature. Who supplied him the cheque.
Are you telling me that the external auditors may have detected this cheque. Dont they have bank statements to show their recurrent expenses. Dont they have an internal audit unit.
Is there no purchasing officer to sign on the vouchers that proper invoicing had been done and goods delivered by the stores officer.
In the Gambia, sometimes the Purchasing Officer is the supervisor of the of stores officer. That is a dangerous reporting line. Each post should be independent of each other. May be they dont have both.
Come on, even an uneducated market woman knows how to read a bank statement and know her balances as she withdraws.
So they have to wait for an annual external audit to know a cheque is missing? Every cheque should be accounted for and even cancelled cheques should be on file to ensure no leakages.
Sorry. Not my problem. In yoro Bawol we never saw a dollar bill. |
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jambo
3300 Posts |
Posted - 16 Feb 2007 : 11:08:40
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| kons, i agree there should be a paper trail but unfortunately in gambia no such things exist. second and third signatures would help matters to be accountable and acknowledged. |
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jambo
3300 Posts |
Posted - 16 Feb 2007 : 11:08:40
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| kons, i agree there should be a paper trail but unfortunately in gambia no such things exist. second and third signatures would help matters to be accountable and acknowledged. |
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kondorong
Gambia
4380 Posts |
Posted - 16 Feb 2007 : 21:12:52
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Jambo
Paper trail is always there. But then again there is none so blind than those who dont WANT to see.
You see even the Finance Director should not be a custodian of company cheques. Any person who is a signatory to cheques should not be entrusted to keep cheques. A supervior in accounts can do that to add another layer of security.
All serial numbers of cheques must be recorded with internal audit as soon as cheques are delivered from Banks and Audit should only approve payment when the cheque is filled in but not signed so that they dont alter amounts after internal audit has verified payment. We hope that Banks dont collude to duplicate blank cheques. I hope not.
Purchasing Officers and stores officers should be independent positions and none should report to the other to avoid collusion. Infact i would recommend that they report to different supervisors.
Also Internal Auditors cannot be signatories to cheques. By signing cheques, they would have given up their role of policing. You cant audit your self sincererly.
Well i have my doubts until the trial begins. Was Ndondi not out of office by December 2006 when this alledged forgery took place? If so, then his signature should have been removed as soon as he left office and banks notified accordingly. To always avoid delays, usually atleast three approved signatures are sumitted to banks so that when one is not in office there will always be two to sign cheques.
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kondorong
Gambia
4380 Posts |
Posted - 16 Feb 2007 : 21:12:52
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Jambo
Paper trail is always there. But then again there is none so blind than those who dont WANT to see.
You see even the Finance Director should not be a custodian of company cheques. Any person who is a signatory to cheques should not be entrusted to keep cheques. A supervior in accounts can do that to add another layer of security.
All serial numbers of cheques must be recorded with internal audit as soon as cheques are delivered from Banks and Audit should only approve payment when the cheque is filled in but not signed so that they dont alter amounts after internal audit has verified payment. We hope that Banks dont collude to duplicate blank cheques. I hope not.
Purchasing Officers and stores officers should be independent positions and none should report to the other to avoid collusion. Infact i would recommend that they report to different supervisors.
Also Internal Auditors cannot be signatories to cheques. By signing cheques, they would have given up their role of policing. You cant audit your self sincererly.
Well i have my doubts until the trial begins. Was Ndondi not out of office by December 2006 when this alledged forgery took place? If so, then his signature should have been removed as soon as he left office and banks notified accordingly. To always avoid delays, usually atleast three approved signatures are sumitted to banks so that when one is not in office there will always be two to sign cheques.
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dbaldeh
USA
934 Posts |
Posted - 17 Feb 2007 : 01:15:31
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Kon, you know the paper trail is as good and acurate as the people doing the trailing. If you receive a piece of paper and shrub it in the shredder no one can absolutely fine it. Just large scale scandals are done in a team environment as it use to happen at the treasury. There were people who were cashing hundreds of thousands of dalasis worth of checks. Those of us who worked on a dry desk or empty paper knew it was happening but could not do anything about it. It was the order of the day in the days of Jawara.
Kon, you definitely know something about how the administration of such funds are done. This is probably why you couldn't last too long under this regime when they had to get rid of you. You were probably considered a Whistle blower from Yerobawol.
Don't you ask about the audits because we no audits are as good as the auditors. The bankers at the central bank are also as good as the money they put in the records. It is all a network of greedy people. If Jammeh, Aziz Tamba, then why not Kawsu??? Once a thief always a thief... |
Baldeh,
"Be the change you want to see in the world" Ghandi
Visit http://www.gainako.com for your daily news and politics |
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dbaldeh
USA
934 Posts |
Posted - 17 Feb 2007 : 01:15:31
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Kon, you know the paper trail is as good and acurate as the people doing the trailing. If you receive a piece of paper and shrub it in the shredder no one can absolutely fine it. Just large scale scandals are done in a team environment as it use to happen at the treasury. There were people who were cashing hundreds of thousands of dalasis worth of checks. Those of us who worked on a dry desk or empty paper knew it was happening but could not do anything about it. It was the order of the day in the days of Jawara.
Kon, you definitely know something about how the administration of such funds are done. This is probably why you couldn't last too long under this regime when they had to get rid of you. You were probably considered a Whistle blower from Yerobawol.
Don't you ask about the audits because we no audits are as good as the auditors. The bankers at the central bank are also as good as the money they put in the records. It is all a network of greedy people. If Jammeh, Aziz Tamba, then why not Kawsu??? Once a thief always a thief... |
Baldeh,
"Be the change you want to see in the world" Ghandi
Visit http://www.gainako.com for your daily news and politics |
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kondorong
Gambia
4380 Posts |
Posted - 17 Feb 2007 : 01:32:59
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quote:
Originally posted by dbaldeh
Kon, you know the paper trail is as good and acurate as the people doing the trailing. If you receive a piece of paper and shrub it in the shredder no one can absolutely fine it. Just large scale scandals are done in a team environment as it use to happen at the treasury. There were people who were cashing hundreds of thousands of dalasis worth of checks. Those of us who worked on a dry desk or empty paper knew it was happening but could not do anything about it. It was the order of the day in the days of Jawara.
Kon, you definitely know something about how the administration of such funds are done. This is probably why you couldn't last too long under this regime when they had to get rid of you. You were probably considered a Whistle blower from Yerobawol.
Don't you ask about the audits because we no audits are as good as the auditors. The bankers at the central bank are also as good as the money they put in the records. It is all a network of greedy people. If Jammeh, Aziz Tamba, then why not Kawsu??? Once a thief always a thief...
I really dont know how these funds are managed. It just so happened that i did some night classes at the WEC Mission in Wellingara on Finanacial Management.
As for atate audits, accounts have nd not been audited for nearly 9 years. Your guess is as good as mine. It was last years they hurried an audit and tabled it before parliament with millions unaccounted for. |
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kondorong
Gambia
4380 Posts |
Posted - 17 Feb 2007 : 01:32:59
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quote:
Originally posted by dbaldeh
Kon, you know the paper trail is as good and acurate as the people doing the trailing. If you receive a piece of paper and shrub it in the shredder no one can absolutely fine it. Just large scale scandals are done in a team environment as it use to happen at the treasury. There were people who were cashing hundreds of thousands of dalasis worth of checks. Those of us who worked on a dry desk or empty paper knew it was happening but could not do anything about it. It was the order of the day in the days of Jawara.
Kon, you definitely know something about how the administration of such funds are done. This is probably why you couldn't last too long under this regime when they had to get rid of you. You were probably considered a Whistle blower from Yerobawol.
Don't you ask about the audits because we no audits are as good as the auditors. The bankers at the central bank are also as good as the money they put in the records. It is all a network of greedy people. If Jammeh, Aziz Tamba, then why not Kawsu??? Once a thief always a thief...
I really dont know how these funds are managed. It just so happened that i did some night classes at the WEC Mission in Wellingara on Finanacial Management.
As for atate audits, accounts have nd not been audited for nearly 9 years. Your guess is as good as mine. It was last years they hurried an audit and tabled it before parliament with millions unaccounted for. |
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