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Will African countries end corruption?

Fraud and plundering of public funds are the battles that have to be won by all African countries,  Hon. Richard Msowoya.

The call was made by the Speaker of the Malawi National Assembly during the opening  of the week long fifth executive  committee of the African Organisations   for  Public Accounts Committee  (AFROPAC)  at Parliament Building in Lilongwe.

The meeting  drew participants  from ten African countries and was being held alongside the African  Voice  for Strategic planning workshop.

In an interview  with Insight, the Speaker  said that Africa  has a very long way to go in order to win the battle against fraud and abuse of public resources hence the need for PAC  to play oversight  roles that will yield positive results.

The speaker  further  said that fraud and plundering of public funds are the battles that have to be won by all African countries, we must move from mere checking of what has been misappropriated in the approved budgets to seriously scrutinizing the huge sums of money  that African countries are losing through illicit financial flows.

The United Nation economic commission for  Africa   says that every year, Africa loses between $30 Billion  and $60 Billion  due to illicit financial flows and these are factors that negatively affect the economic growth on the continent

In  his remarks, Afropac  Chairperson Edward  Dangoseh  said the meeting has helped African countries in finding solutions to end corruption, fraud and any other related issues and enhance public finance management.

Malawi’s Public Accounts Committee Chairperson Alekeni Menyani agreed with the speaker saying  that public

finance management is a very serious challenge which parliamentarians ought to do more than just oversight. The ten countries  Malawi hosted  are Kenya, Liberia, Namibia, Rwanda, South Africa,  Swaziland,   Sudan, Tanzania, Togo and Uganda.

…we must move from mere checking of what has been misappropriated in the approved budgets to seriously scrutinizing the huge sums of money that African countries are losing through illicit financial flows.

 

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