ACB given 14-day ultimatum over abuse at Neef

Youth Decide Campaign has given the Anti-Corruption Bureau (ACB) two weeks to investigate corrupt practices suspected to have occurred at National Economic Empowerment Fund (NEEF) previously known as Malawi Enterprise Development Fund (MEDF).

According the Campaign`s Team Leader Charles Kajoloweka, MEDF suffered massive plunder of public resources and abuse of office by corrupt individuals.

Kajoloweka sounded the call in Lilongwe when presenting a petition to the graft bursting body on the alleged abuse of funds at MEDF.

“We came to the ACB to lodge official complaint asking the ACB to immediately move and act on the Audit Report and investigate further these allegations and take action,” he said.

Kajoloweka added that there is need for thorough investigation at the public institution despite rebranding the Enterprise.

“There are serious allegations of corruption, fraud and abuse of office at MEDF now called NEEF, what is more devastating is the report that we have seen from the Central Audit Unit submitted to the Secretary to the Treasury that is really an ursine massive plunder of public resources which we think must be acted upon,” he said.

And upon receiving the petition, ACB Deputy Director General Elia Daniel Bodole said the ultimatum given cannot be justified in accordance with the complexity of the investigations.

“We have set procedures that follow, when we have received the complaint like this, our systems now start working on the complaint, it will depend on the complexity of our investigations, 14 days may not be right time but we will actually tackle it,” said Bodole.

Leave a Reply

Your email address will not be published. Required fields are marked *