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By Georg Neumann
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According to the Zambian Auditor-General’s report over a 20-year period, it is estimated that about K348,244 billion worth of public money is either misappropriated, stolen or grossly mismanaged every year in Zambia. That translates to K6,964 trillion between 1984 and 2004, based on the average of misappropriated monies, revenue and expenditure losses. |
Aiming to stimulate greater public interest in how public money is allocated, spent and accounted for, TI Zambia launched its new book, “Show me the Money! Where the Money Goes,” on 26 February 2007. The book will be complemented by an advocacy campaign to create greater transparency in public finance management by raising awareness for this issue among the citizen.