Showing posts with label PAC/PEC. Show all posts
Showing posts with label PAC/PEC. Show all posts

Wednesday, February 12, 2014

Auditor identifies UTG’s ‘insecure’ financial dealings


Photo Credit: Helleman News

An auditor of the National Audit Office, Baba F. Drammeh, has identified ‘shocking’ financial irregularities at the University of The Gambia. 
 
Drammeh said the UTG officials have carried out payments whose vouchers are without adequate documentation, payments without recipients’ signature, procurement without competitive bidding and leave encashment that amounted to D4, 554, 083.28 (over US$ 119, 844).

In a breakdown, he noted that payment vouchers not signed by approving officer amount to D171, 955, payment vouchers lacking adequate documentation is D1, 458, 732, overseas travel allowance at D421, 078.78, payment without recipients signature D134, 180, procurement without competitive bidding D2, 272, 843.50 and leave encashment at D95, 294.