Wednesday, May 20, 2026
8.3 C
Lesotho

Govt probes missing M54 million

By Neo Kolane

The government is investigating fraud involving about M54 million which went missing from the consolidated fund in 2021/22.

Auditor general, ‘Mathabo Makenete, in her audit consolidated financial report for the year ended March 31 2023, says the money was allegedly misappropriated by finance ministry staffers in September 2021.

The matter was reported by the Accountant General to the Lesotho Mounted Police Service (LMPS) under case number Maseru RCI 56/09/2021.

A joint team of law enforcement agencies was then established to investigate the matter, Makenete said.

“M18 million of the estimated M54 million has been recovered from South Africa and taken back into government coffers,” she noted.

She added that treasury is charged with enhancing and strengthening public financial management laws and enforcing internal controls.

“To ensure this is a success, the LMPS has dedicated a team which works with the treasury to enforce compliance,” Makenete indicated.

Hot this week

Lesotho to launch climate disaster project 

The government is currently officially launching a new project aimed...

Journalists sharpen skills on TIP, child labour reporting

MISA Lesotho in collaboration with World Vision International Lesotho...

Parly moves to adopt Code of Conduct for MPs

The Ethics, Code of Conduct, Immunities and Privileges Committee has presented...

Lesotho to host fourth public-private dialogue

By Karabo Nkoe The government, in partnership with the private...

PM urges caution 

Prime Minister Sam Matekane has urged Basotho to cooperate with disaster management authorities and...

Topics

Lesotho to launch climate disaster project 

The government is currently officially launching a new project aimed...

Journalists sharpen skills on TIP, child labour reporting

MISA Lesotho in collaboration with World Vision International Lesotho...

Parly moves to adopt Code of Conduct for MPs

The Ethics, Code of Conduct, Immunities and Privileges Committee has presented...

Lesotho to host fourth public-private dialogue

By Karabo Nkoe The government, in partnership with the private...

PM urges caution 

Prime Minister Sam Matekane has urged Basotho to cooperate with disaster management authorities and...

Lesotho to host regional education assessment conference 

Lesotho will host the 15th Southern Africa Association for...

WHO urges Basotho to stand with science

The World Health Organisation (WHO) has called on Basotho...

Standard Lesotho Bank backs China symposium

Standard Lesotho Bank has reaffirmed its support for Basotho...
spot_imgspot_imgspot_imgspot_img

Related Articles

Popular Categories

spot_imgspot_imgspot_imgspot_img
0
Would love your thoughts, please comment.x
()
x