THE latest Auditor General's report for the financial year ending December 31, 2011, has revealed major irregularities, with unaccounted for revenue amounting to KR531 million (K531 billion).
The report released yesterday by office of the Auditor General public relations officer Ellen Chikale has revealed an excess expenditure of KR456 billion (K456 trillion).
Ms Chikale said the report revealed misapplication of funds amounting to more than KR23 million (K23 billion) and another abuse of resources amounting to over KR1 billion (K1 trillion).
The report revealed unretired imprest of more than KR33 million (K33 billion) with delayed banking amounting to over KR1 million (K1 billion).
Ms Chikale said unaccounted for funds amounted to KR5 million (K5 billion) while irregular payments stood at KR 4 million (K4 billion).
"The report which was tabled in Parliament on Monday, January 28, 2013 is now a public document and can be accessed from the Office of the Auditor General," Ms Chikale said.
Other irregularities were the failure to follow procurement procedures, amounting to more than KR4 million (K4 billion), while non-payment of returns amounted to KR27 million (K27 billion).
The report has revealed that the wasteful expenditure was more than KR2 million (K2 billion), unvouchered expenditure at KR 77 million (K77 billion), unaccounted for stores at KR22 million (K22 billion) while unauthorised expenditure was KR456, 000 (K456 million).
There was a sharp decline in overpayments from KR 131,000 (K131 million) in 2010 to KR 6,000 (K6 million) in 2011 while unaccounted for revenue increased from more than KR 1.7 million (K1.7 billion) in 2010 to KR 531 million (K531 billion) in 2011.
Unretired imprest had reduced from KR 77 million (K77 billion) in 2010 to KR 33 million (K33 billion) in 2011.
It has also revealed irregularities of undelivered materials amounting to KR 2.1 million (K2.1 billion) and non-recoveries of salary advances and loans amounting to KR 3.4 million (K3.4 billion).
Ms Chikale said such issues were due to failure to adhere to regulations, weaknesses in internal control systems, wastage in the use of resources, poor management of contracts, and abuse of imprest.
"Members of the public may wish to know that the office carried out 178 audits of accounts for the financial year ended December 31, 2011 and of this number 93 audit paragraphs were resolved leaving 85 audit paragraphs which are contained in the report," she said.
She said the process of interacting with clients was vital as it allowed for remedial action to be taken during the audit process instead of waiting for Public Accounts Committee hearings.