Samuel Pyne – MCE, KMA
Wed, 5 Jun 2024
Source: The Chronicle
An audit of the Kumasi Metropolitan Assembly (KMA) has revealed overspending from its District Assembly Common Fund (DACF) and Internally Generated Fund (IGF).
The KMA spent GHc557,000 instead of the allowed GHc165,916.56 from the DACF on social services, leading to a GHc391,083.44 excess.
It also misapplied funds for the 66th Independence celebrations and overspent on construction projects.
The audit found uncollected revenue of GHc152,850.00 and other financial irregularities. The KMA management has pledged to rectify the issues raised.
Read full article
Source: The Chronicle