Accounting Officers to Take Personal Responsibility for Non-Performance of Contractors

Accounting Officers to Take Personal Responsibility for Non-Performance of Contractors

Business Daily

Auditor-General has been pushing for accounting officers to be held responsible for offences and irregularities in public finance management within their departments. The Public Accounts Committee (PAC) of the National Assembly says a public entity’s accounting officer should be responsible if a contractor they approved to undertake a project fails to deliver. PAC recommends that the Treasury approve projects that can guarantee funding and completion within the medium-term economic framework.

#BUSINESS #English #KE
Read more at Business Daily