The annual audit report on the 2015 Public Accounts was tabled in parliament this evening, with the government praising the transparency being displayed. An audit on the Free Childcare scheme, however, found a somewhat troubling situation with regards the verification of attendance.
A fully automated attendance recording system was implemented and introduced at the start of 2016. The audit showed that the new system only translated into a new set of risks, which still resulted in significant undue payments.
The Foundation for Educational Services was found to be unreliable due to the lack of evidence obtained to confirm that payroll was adequately verified, the audit revealed. It also shows that overtime was approved for payment before it was actually performed.
The report comprises 21 reports on the operations of various ministries, departments and other government entities, including an analysis of the Financial Report 2015.
The National Audit Office (NAO) noted that letters of comfort and bank guarantees, being potential dues by government, reached almost €1.5 billion in 2015 and that substantial excess of expenditure over budgeted figures was reported.
from The Malta Independent http://ift.tt/2fIRa5s
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