Breaking News!!!!!! John Kapito is a thief just like Voice Mhone who was convicted of theft by public servant!! Herewith the complaint and suspension of Aid to CAMA!! Dear Jon, > How are you? We havent communicated since some time although there are important things to be discussed. > > Cordaid has received the draft copy of the investigative audit report by KFM consultants and the outcomes are worrying to us. Supporting documentation was not in place so justification for expenditures is lacking. It could not be verified whether services delivered and or materials produced have actually been delivered/produced and in what quantities. Suppliers could not show their duplicate receipts. It is therefore questionnable whether expenditures have been rightful. > > We are also surprised to read that there have been borrowings from yourself and a Board member to the project without any documentation. It remains unverified whether these borrowings have taken place. And when they have taken place it is an example of improper financial management. > > KFM is in the process of finalizing the report. They will send it to you and you will have the opportunity to send your management comments to Cordaid. Cordaid will take into account your comments before making a final decision on continuation with the new project 104102. > > However, since financial management is merely non-existing within CAMA, you may understand that Cordaid can not allow CAMA to handle any Cordaid funds at the moment. Therefore we need to inform NONM as the lead agent of the HRH coalition that no funds may be channeled through CAMA at the moment. > > Furthermore, we have not received the external audit report 2009 yet. The auditors have visited CAMA in February/March so I imagine that the report will be out shortly. Please update me. > > Jon, we truly regret the outcome of the investigative audit and the implications it may have for our working relation. We have greatly valued our partnership with CAMA but financial accountability and integrity is most important to Cordaid. Please send us your comments on the investigative audit report for further discussion. > > Regards Ingrid and Frieda > > Frieda Fennell > Financial Expert for Sector Health > Team East and South Africa > > Cordaid > P.O.Box 16440 > 2500 BK, The Hague > The Netherlands >
Posted on: Tue, 15 Oct 2013 10:12:18 +0000
Trending Topics
Recently Viewed Topics
© 2015