Auditor General's report reveals how 42 staff of NVTI spent GH¢30,856 loan cash

According to the Auditor General's report, twelve out of the 42 officers who were granted the loans have since paid back only GH¢1,725.64

___7190756___https:______static.pulse.com.gh___webservice___escenic___binary___7190756___2017___8___23___10___1_2

About GH¢32,582.04 was given to the staff as loan.

According to the Auditor General's report, twelve out of the 42 officers who were granted the loans have since paid back only GH¢1,725.64, leaving GH¢30,856.40 in arrears as at December 31, 2012.

The report however, did not disclose how much was granted each of the officers.

The report indicated that, twelve officers servicing private loans were granted additional advances, thereby making it very difficult for the Controller & Accountant General (C&AG) to deduct the loan money from their salary.

The report added: "The foregoing situation which contravened the above Regulation 113(1) of FAR, 2014 (L.I.1802) and Regulation 112 of the FAR was made possible due to management’s lack of vigilance to determine staff who have contracted private loans from companies which were being deducted at source by C&AG from their salaries. It was therefore not possible to effect the deduction through C&AG as they had exceeded the maximum deductions of 40% from staff salaries.

"The lapse could be attributed to management’s failure to apply Regulation 112 (b) of the FAR, 2004 by ensuring that beneficiaries make direct payments in anticipation of the commencement of deductions by the Controller and Accountant-General. Besides, the defaulters prefer servicing the private loans rather than the advances since management did not put any pressure on them."

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.com.gh