Home News Finance Mali: Audit Uncovers Over $30 Million In Education Sector Irregularities, Calls For Legal Action
FinanceNews

Mali: Audit Uncovers Over $30 Million In Education Sector Irregularities, Calls For Legal Action

153
Mali's Audit Education Sector

The Auditor General’s 2023 annual report has uncovered over 19 billion CFA francs ($30.4 million) in financial irregularities within Mali‘s education sector.

The findings, presented to President of the Transition, General Assimi Goïta, on November 14, showed mismanagement of state subsidies and violations of financial regulations from 2017 to 2022.

The report identified dysfunctions, including opening 80 out of 192 schools based on fraudulent documents. Of these, 33 schools received subsidies for non-existent students, amounting to 412.86 million CFA francs.

Also, more than 18 billion CFA francs ($28.8 million) were irregularly paid as half-scholarships and alimony under a 1992 decree, even though it was repealed in 1994. The revised decree reserves half-scholarships exclusively for higher education students.

Other irregularities included continued subsidy payments to 294 students who had already completed their schooling, totalling 32.42 million CFA francs. Payments were also made to students enrolled twice in the same institutions and 731 students who did not meet eligibility requirements, costing over 72 million CFA francs.

The report further revealed misallocation of subsidies intended for public institutions but redirected to private ones, leading to a loss of 257 million CFA francs ($411,200). The report described these practices as violations of existing regulations and evidence of mismanagement in allocating public funds.

To address these issues, the Auditor General’s Office recommended stricter oversight, including mandatory registration of private institutions and enforcement of eligibility criteria for student allocations.

The office plans to forward evidence of these financial irregularities to judicial authorities, including the Supreme Court’s Accounts Section and the National Economic and Financial Pole Prosecutor, to ensure accountability and legal action.

Meanwhile, the financial audit of the management of the COVID-19 Emergency Response Project did not reveal any financial irregularities.

The audits were conducted to expose any administrative weaknesses and irregularities in public management, with analyses covering public finances, service quality, and the evaluation of public policies across different government sectors.

President Goïta described the report as a crucial tool for promoting transparency and good governance, emphasising the need for stronger accountability in public resource management. “These findings are urgent calls for action,” he said.

The President called for collaboration between the Auditor General’s Office, judicial authorities, and internal control bodies to ensure actionable outcomes from the report’s recommendations. He also called for a collective cultural shift toward integrity and accountability in public administration.

The audit aligns with his efforts to combat corruption and economic mismanagement.

Read More:

About The Author

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Enugu 2025 Budget
FinanceNews

2025 Budget: Enugu Govt. Plans to Spend ₦10 Billion on CCTV Cameras, ₦5 Billion on Vehicles

The Enugu State Government has planned to spend ₦10 billion in 2025...

BusinessNews

French Firm Orano Pursues Legal Action Against Niger Over Revoked Mining Licence

French nuclear fuel company Orano has launched international arbitration against Niger following...

Former Anambra governor and Labour Party presidential candidate, Peter Obi, has condemned recent calls for the Federal Government to purchase a new aircraft for the Vice President, calling the suggestion "insensitive and detached from the country's harsh economic realities."
News

Recent Stampedes at Palliative Venues Reflects Systemic Failures in Our Society – Obi

Former Governor of Anambra State and Labour Party presidential candidate in the...