The Public Accounts Committee PAC has revealed that Frw5 billion was misused during the 2010/11 Budget adding that mismanagement of public funds prevails in Public and Government institutions and agencies.
PAC Chairperson, Juvenal Nkusi made the remarks last week, while PAC was releasing its final reports about the usage of 2010/2011 budget.
According to statistics, the loss was decreased comparing to loss of Frw9.7 billion as highlighted in the 2009/10 Auditor General’s report.
In recent report, it was noted that there are still challenges in the management of public funds as well as lack of strict measures to prosecute cases of those who have been found guilty of embezzling public fund.
Nkusi said that the Auditor General Report shows that among 118 institutions surveyed, only 11 institutions have properly used funds allocated to them during the budget of 2010/2011.
As MPs were asking whether there should be a special court to try embezzlement cases to avoid continuing errors, Nkusi answered that it could be better if such proposal is implemented.
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