Parkop accused of gross financial mismanagement by audit committee

National Capital District Governor, Powes Parkop, has been accused of gross financial mismanagement in an internal audit report. READ THE REPORT HERE

The audit report presents prima facie evidence that Parkop, City Manager, Leslie Alu and the Executive Management Committee have all acted beyond their powers in approving substantial payments to named individuals and companies without following proper processes. Parkop is also accused of breaching the Public Finance Management Act, the NCDC Act and the Organic Law on the Leadership Code.

One prominent beneficiary of the Governor’s largess has been Justin Tkatchenko, a political ally of the Governor and the fundraising Chairman for the Governors Peoples Social Democratic Front Party.

Payments made to Tkatchenko companies in 2010 totaled over K3 million for work on the NCDC Mini Park, Water Fountain, Waterslide and Zoo and Animal Farm. No quotation were provided for any of these works and there was no tender advertised or accepted, says the audit report.

These failures, say the audit committee, breach the fundamental principles of value for money, transparency, effective competition, fair and ethical dealing and efficiency. They also constitute a conflict of interest for the Governor

The audit report records how Parkop has established two special bank accounts called “Centrally Controlled Funds” and “Special Project Funds” for which the Governor is the authorizing officer and ‘strictly controls’ any payments.

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