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Cameroon: Treasury Accountants Warned Against Embezzlement
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The Post (Buea)
28 April 2008
Posted to the web 28 April 2008
Chris Mbunwe
Northwest treasury accountants have been warned against embezzling public funds.
The representative of the Director General of Treasury, Finance and Monetary Cooperation, Peter Ayuk, cautioned the accountants on Friday April 25, at the first quarter coordination meeting of treasury accountants.
Ayuk said cases of deficits will not only be sanctioned by the recovery of the total balance due, but be accompanied by disciplinary sanctions and culprits would be dragged to court.
Oh his part, Northwest Governor, Abakar Ahamat, admonished treasury accountants to work on their public image because they are still being criticised.
According to him, treasury accountants should take advantage of the achievements of the new found growth after reaching the completion point and shine.Coming just weeks after the launching of the 2008 budget, Abakar Ahamat said the meeting should remind treasury accountants of the requirement of easy flow and availability of information, traceability of current public expenditure and transparency in the follow-up of the budget.
The Northwest Pay Master General, Ignatius Dingha Bayin, called on treasury accountants to desist from being simple cashiers and assume the status of public accountants. He challenged them to keep abreast with changes in financial and economic management. Bayin deplored the recalcitrance and gross negligence of some of his collaborators citing stating that the attendant results of the year passing over into 2008 posed acute problems.
The Pay Master General said with the effective take off of the Audit Bench, irresponsible treasury accountants will be pursued after they must have left office. "Be warned that the axe of justice is swinging over your head."
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He assured suppliers, and economic operators as well as State creditors of a bright future and that the speed of payment is gradually attaining a supersonic rate.Meanwhile, Bayin lauded hierarchy for introducing the new modern system of payment in the CEMAC zone, whose efficiency, he said, has led to the elimination of bottlenecks and the disappearance of the phenomenon of negotiating payments.
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