Parly orders Information Ministry parastatals to submit financial records

By Staff reporter | 25 Oct 2018 at 21:30hrs
Mangwana
The Parliamentary Portfolio Committee on Information, Media and Broadcasting Services has instructed parastatals under the Ministry of Information, Publicity and Broadcasting Services to submit financial statements for the period from January to September this year before it deliberates on the requirements for 2019.

Chairperson of the committee Honourable Prince Sibanda and several parliamentarians expressed concern at the bad corporate governance practices evident in most parastatals to the Permanent Secretary Mr Nick Mangwana and called on all the heads of the parastatals to submit financial records on Monday and avail themselves next Thursday for intensive interrogation.

The committee was not impressed with the erroneous financial statement provided by the Finance Director in the Ministry of Information, Publicity and Broadcasting Services.

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