‘Recovered funds being used prudently’
Published On July 22, 2024 » 854 Views» By Times Reporter » Latest News
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. Lungu

By JAMES KUNDA –
FUNDS recovered from corrupt dealings are being prudently channeled and utilised by the Govern­ment, State House Special Assistant to President Hakainde Hichilema for policy and compliance Joseph Lungu has said.
Mr Lungu said in an interview that, one of the measures was, the establishment of a Trea­sury Single Account held at Bank of Zambia that was being implemented through Government’s In­tegrated Financial Manage­ment System (IFMIS) which allowed for an audit trail for all transactions.

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