AG signs MoU with DEC, FIC

The Office of the Auditor General has today signed an information exchange MoU with the Drug Enforcement Commission (DEC) and the Financial Intelligence Center (FIC).

The MoU will enable the Office of the Auditor General to timely access information from the DEC and FIC with the view of expeditiously conducting its audit works.

Speaking this morning during the official signing of the MoU, Auditor General Anna Chifungula noted that the signed MoU between three institutions will also enable the timely sharing of information that require further investigation and prosecution by the law enforcement agencies.

Dr. Chifungula states that for the fact that the mandate of the FIC is to enforce the fight against money laundering, terrorist financing among other serious offences, timely exchange of information between her institution and the FIC will be of great help to auditors who are specialized in various audits and forensics.

She says it this information that will also filter through the DEC which has the prosecution power.
Dr Chifungula further states that her office will cooperate with the DEC in combating and fighting fraud and money laundering activities that involve government resources.

Speaking at the same event DEC Commissioner Alita Mbahwe observed that the partnership her commission has entered into with the Office of the Auditor General signifies a concrete step in fostering closer cooperation in combating fraud and money laundering activities involving public funds.

Ms. Mbahwe says she is confident that this new agreement will re-enforce cooperation between the two institutions and lead further possibilities of achieving the common of a Zambia that is free from the plunder of public resources.

And FIC Director and Chief Executive Officer Mary Chirwa Sikazwe has expressed happiness with the realization by government institutions to work together.