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 Politics: Gambian politics
 IMBALANCES OF OVER D800 MILLION
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Momodou



Denmark
11832 Posts

Posted - 13 Jul 2007 :  22:41:27  Show Profile Send Momodou a Private Message
IMBALANCES OF OVER D800 MILLION

The Permanent Secretary at the Department of State for Finance and Economic Affairs, Abdou Touray, has informed Parliamentarians that the imbalances of over 800 million in the government’s audited accounts is largely due to missing documents at the Treasury during the time the accounts were in operation (1992-1999). Mr. Touray indicated that some of the missing documents were attributed to the practice of handing over documentation during the commissions of enquiries. Mr. Abdou Touray made these statement at the National Assembly chamber while submitting his report to the Public Accounts Committee and Public Enterprises Committee. Mr. Touray informed the committee members that the decision has been taken to restate the balances after the audit of the 2000-2004 accounts. The Finance and Economic Affairs P.S said the exercise will be carried out in collaboration with the National Audit office to help identify the balances to retain and the balances to write off. He said at the end of this process, the final restatement of the accounts will be tabled for approval by cabinet and the National Assembly. This, he said, will facilitate a new beginning for the public accounts and officials can be held directly accountable. With the advent of the Integrated Financial Management and Information system (IFMIS), annual accounts of the preceding year will be produced in the first quarter of the following year, every year, he intimated. This he said will be backed by proper documentation of financial transactions through the new tracking system.

See related editorial at: http://www.gambia.dk/forums/topic.asp?TOPIC_ID=4020


Source: Foroyaa Newspaper Burning Issue
Issue No. 81/2007, 13 – 15 July 2007

A clear conscience fears no accusation - proverb from Sierra Leone

kondorong



Gambia
4380 Posts

Posted - 13 Jul 2007 :  23:31:10  Show Profile Send kondorong a Private Message
But you see, simple records management pracice should have told them that you make copies of files before you send them out to commissions especially in matters of this nature.

To send boxes of files with no back up, only ends in such files missing. Files dont go missing unless they grow legs which is impossible. Human couriers may perhaps have magically made these files to walk and run with Algali.
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toubab1020



12314 Posts

Posted - 13 Jul 2007 :  23:32:39  Show Profile Send toubab1020 a Private Message
quote:
Originally posted by Momodou

IMBALANCES OF OVER D800 MILLION

The Permanent Secretary at the Department of State for Finance and Economic Affairs, Abdou Touray, has informed Parliamentarians that the imbalances of over 800 million in the government’s audited accounts is largely due to missing documents at the Treasury during the time the accounts were in operation (1992-1999). Source: Foroyaa Newspaper Burning Issue
Issue No. 81/2007, 13 – 15 July 2007





Seems like a lot of money,never mind A...........

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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toubab1020



12314 Posts

Posted - 14 Jul 2007 :  10:49:06  Show Profile Send toubab1020 a Private Message
quote:
Originally posted by kondorong

But you see, simple records management pracice should have told them that you make copies of files before you send them out to commissions especially in matters of this nature.

To send boxes of files with no back up, only ends in such files missing. Files dont go missing unless they grow legs which is impossible. Human couriers may perhaps have magically made these files to walk and run with Algali.




Seriously though there is only one answer to this although it will not be considered.......the peoples money has been stolen.......missing files, rubbish such paper records never existed thats why they cannot be found.It is obvious that paper records,receipts,orders,etc.for the large amount of D800Million should exist somewhere,those whose services and goods were purchased with this public money will be able to produce those orders or perhaps those people didnt have a TIN.(tax identification number)or the records of their payments have been lost,who knows will we ever find out,of course not.



"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.

Edited by - toubab1020 on 14 Jul 2007 11:35:35
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patrick



Gambia
22 Posts

Posted - 14 Jul 2007 :  13:13:32  Show Profile Send patrick a Private Message

Something very serious is happening in the Gambia. I just don't know where the accountability is gone. It is very dump for the finance secretary to come out with such a vague excuse. Someone has to be responsible. There were people in charge of such vouchers, why not squeeze them for the missing millions before coming to parliament with such rubbish excuses.

It’s a shame!!!

pk2
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toubab1020



12314 Posts

Posted - 14 Jul 2007 :  15:52:12  Show Profile Send toubab1020 a Private Message
quote:
Originally posted by patrick


Something very serious is happening in the Gambia. I just don't know where the accountability is gone. It is very dump for the finance secretary to come out with such a vague excuse. Someone has to be responsible. There were people in charge of such vouchers, why not squeeze them for the missing millions before coming to parliament with such rubbish excuses.

It’s a shame!!!



Well said,but who will do the squeezing

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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jambo



3300 Posts

Posted - 16 Jul 2007 :  10:11:53  Show Profile Send jambo a Private Message
D800 million divided by 50 dls = £50 million in 1992 that is a fortunate in todays money, but was a lot of forunate in those days. what would be todays equivalent, any help.

So lets play inspector sherlock holms here. Who gave the government the money, was it loans, taxes, who was in charge then.
this is over to the gambians who were around then. over 800 million in the government’s audited accounts is largely due to missing documents at the Treasury during the time the accounts were in operation (1992-1999).
I agree with Patrick, it is now that this is coming to light, 15 years later, heads will role, this remind me of someone de-clutter their life, or in this case the cabinet and old stuff that was hidden being found.
GAMBIA COULD DO WITH THAT MONEY.
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gambiabev

United Kingdom
3091 Posts

Posted - 16 Jul 2007 :  11:17:26  Show Profile Send gambiabev a Private Message
Imagine what that money could do in the education system or health service. It is terrible.
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serenata



Germany
1400 Posts

Posted - 16 Jul 2007 :  14:19:40  Show Profile Send serenata a Private Message
A terrible file-eating monster seems to be on a worldwide operation.

In Germany, they 'lost' the files of illegal US 'rendition' flights; in another case a secret destruction of records was stopped at the very last minute. Now these records show that in Saxony politicians, attorneys and judges entertained best relations with the mafia.

Whenever important files 'disappear' or are 'mistakingly' destroyed those in charge should be punished very hard.
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jambo



3300 Posts

Posted - 16 Jul 2007 :  14:34:49  Show Profile Send jambo a Private Message
in a perfect world it would happen that way, but right now no way
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che



South Africa
40 Posts

Posted - 17 Jul 2007 :  14:22:23  Show Profile Send che a Private Message
Yes,someone has to talk.Records cant just disappear like that.Are we running a village gorvenment.Being the smallest country in Africa,doesnt mean public office bearers can get away with everything.
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