Annual general report of the controller and - Parliament of Tanzania

11.0 Review of functioning of Internal Audit Units and Board
of Directors
11.1.1 Internal Audit Units
S/N Entity Anomalies Noted
1. TCRA Not established the internal audit unit and
no evidence to suggest that the financial
controls and procurement processes at the
Authority were reviewed
The Authority engaged TAC Associates on 16
February 2008 to carry out internal audit
function at a contract price of TZS
13,200,000 for the financial year 2007/2008
but no internal audit reports were provided
to us for review.
2. TBC Not established the internal audit unit
3. MUWASA Not established the internal audit unit
4. TUWSA Not established the internal audit unit
5. NEEC Internal audit has not been functional during
the year.
6. DIB Not established the internal audit unit
7. BUWASA Not established the internal audit unit
8. LUWASA Not established the internal audit unit
9. TUWSA Not established the internal audit unit
10. TSN Not established the internal audit unit
11. BOT The Governor of the Bank, who is the chief
executive officer, is the chairman of the
Governing Board. Also, three deputy
governors are members of the governing
board (and in accordance with Section 9(2)
of the Bank of Tanzania Act, 2006 one of
them is the deputy chairman). The
management comprises 44% of total
12. Kariakoo
Market
Corporation
membership.
The Board of Directors was dissolved in 2000
for grounds of inefficiency; therefore it
operates under Advisory Board appointed by
___________________________________________________________
Office of the Controller and Auditor General PA&oBs 2007/08 204