{"id":22850,"date":"2023-02-28T07:18:21","date_gmt":"2023-02-28T07:18:21","guid":{"rendered":"https:\/\/www.africa-press.net\/eswatini\/all-news\/housing-ps-yet-to-answer-for-e150m"},"modified":"2023-02-28T08:28:44","modified_gmt":"2023-02-28T08:28:44","slug":"housing-ps-yet-to-answer-for-e150m","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eswatini\/all-news\/housing-ps-yet-to-answer-for-e150m","title":{"rendered":"HOUSING PS YET TO ANSWER FOR E150M"},"content":{"rendered":"

Africa-Press – Eswatini. <\/strong><\/span>The Principal Secretary (PS) in the Ministry of Housing and Urban Development is yet to answer for E150 million.<\/b><\/p>\n

The money, according to the Auditor General (AG), Timothy Matsebula, was transferred to the Eswatini National Housing Board (ENHB). The AG, in his Consolidated Government Financial Statements (annual accounts) of the Kingdom of Eswatini for the financial year ended March 31, 2022, said the controlling officer did not respond on the audit query. He said: \u201cI reported that there were unaccounted-for funds transferred to the National Housing Board from the ministry amounting E150 million in the fiscal year ended March 31, 2022.\u201d He said the audited financial statements of the ENHB for the financial year ended March 31, 2022 depicted a subvention received from government (Ministry of Housing and Urban Development) of E7.5 million and E9.2 million in the previous fiscal year.<\/p>\n

Matsebula reported to have advised the controlling officer to explain the purpose of the money transferred to the entity and that the public funds should be accounted for accordingly. Also, he reported to have requested the PS to provide all supporting documents for these transferred funds to the ENHB. On the other hand, Matsebula reported that an audit query raised in the previous year on unrecovered public funds amounting to E27 782 882.73 in respect of Human Settlement Development, under the Principal Secretary\u2019s Office, was not addressed by the ministry.<\/p>\n

Manual<\/b><\/p>\n

He said Section 11, paragraph 1.8 of the Financial Management and Accounting Procedures Manual (1993) stipulates that; \u2018Suspense Accounts are the temporary locations for any transactions where the correct centre and item or amount are not immediately apparent. After this information becomes known, the entry would be transferred out of the suspense account and allocated to the correct item. Section 11, paragraph 2.20 further states that; \u2018greatest attention needs to be paid to the reconciliation of below-the-line accounts as part of the year-end procedures since any remaining balances will show in the Treasury Report as an asset or liability and will be carried forward to the next financial year\u2019. The AG reported that statements detailing all balances should be forwarded to Treasury to support the entries in the statement of assets and liabilities and to enable the auditor general to verify such balances. Matsebula said the controlling officer in his response stated that on the May 27, 2021, the Public Accounts Committee (PAC) recommended that the ENHB should pay back the money.<\/p>\n

balance<\/b><\/p>\n

However, he said at the time of compiling this report, the balance remained un-cleared. Furthermore, the AG reported that the controlling officer did not provide him with an update on the status of his ministry\u2019s implementation of the PAC\u2019s resolution. Matsebula said the PS in response said the ministry informed its parastatal of the PAC\u2019s decision. He submitted that the PS had informed him that the ENHB submitted a request to SCOPE for a write-off of the due amount. \u201cEnquiries were previously made with the Director of Public Enterprise, who advised that such request should be sanctioned by the Ministry of Finance before submission to SCOPE. A request to write-off the debt has been written to the Ministry of Finance and awaiting response,\u201d reads in part the report.<\/p>\n

For More News And Analysis About Eswatini<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eswatini. The Principal Secretary (PS) in the Ministry of Housing and Urban Development is yet to answer for E150 million. The money, according to the Auditor General (AG), Timothy Matsebula, was transferred to the Eswatini National Housing Board (ENHB). The AG, in his Consolidated Government Financial Statements (annual accounts) of the Kingdom of […]<\/p>\n","protected":false},"author":84,"featured_media":22849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[234,248,249],"class_list":["post-22850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-eswatini","tag-eswatini"],"yoast_head":"\nHOUSING PS YET TO ANSWER FOR E150M - Eswatini<\/title>\n<meta name=\"description\" content=\"The Principal Secretary (PS) in the Ministry of Housing and Urban Development is yet to answer for E150 million. ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/housing-ps-yet-to-answer-for-e150m\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HOUSING PS YET TO ANSWER FOR E150M\" \/>\n<meta property=\"og:description\" content=\"The Principal Secretary (PS) in the Ministry of Housing and Urban Development is yet to answer for E150 million. ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/housing-ps-yet-to-answer-for-e150m\" \/>\n<meta property=\"og:site_name\" content=\"Eswatini\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-28T07:18:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-28T08:28:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2023\/02\/postQueueImg_1677556137.44.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/housing-ps-yet-to-answer-for-e150m#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/housing-ps-yet-to-answer-for-e150m\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"HOUSING PS YET TO ANSWER FOR E150M\",\"datePublished\":\"2023-02-28T07:18:21+00:00\",\"dateModified\":\"2023-02-28T08:28:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/housing-ps-yet-to-answer-for-e150m\"},\"wordCount\":542,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/housing-ps-yet-to-answer-for-e150m#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2023\/02\/postQueueImg_1677556137.44.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eswatini\",\"Eswatini\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eswatini\/all-news\/housing-ps-yet-to-answer-for-e150m#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/housing-ps-yet-to-answer-for-e150m\",\"url\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/housing-ps-yet-to-answer-for-e150m\",\"name\":\"HOUSING PS YET TO ANSWER FOR E150M - 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