Annual general report of the controller and - Parliament of Tanzania

Annual general report of the controller and - Parliament of Tanzania Annual general report of the controller and - Parliament of Tanzania

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3. Board of External Trade( BET) Unqualified opinion with emphasis of matters. reported in the books of accounts, was observed to be substantial. Member’s withdrawal has increased to Shs.70.7 billions for the year 2007/2008. The National Social Security Act, 1997 does not provide for withdrawal of membership from the Fund. Members’ withdraw limits growth of the Fund and is against the National Social Security Fund Act. It should, therefore, be discouraged. � Generally, the Board did not comply with the provisions of the Public Procurement Act, 2004, its Regulations of 2005 and the Board of External Trade procurement regulations. ___________________________________________________________ Office of the Controller and Auditor General PA&oBs 2007/08 24

4. Tabora Urban Water Supply and Sewerage Authority 5. Bank of Tanzania (BoT) Unqualified opinion with emphasis of matters. Unqualified opinion with emphasis of matters • Property, Plant and Equipment Tshs. 10,477,923,881 Assessment was not made at the balance sheet date to determine whether there was objective evidence that the value of the fixed assets may be impaired in order to adjust the carrying amounts of the assets as required under the International Accounting Standards. • Debtors Tshs. 936,359,291 Debtors stated in the accounts at Tshs. 936,359,291 exceed debtors as per the Billing System by Tshs.187,548,013. • Report on Compliance with Procurement Legislation Tabora Urban Water Supply and Sewerage Authority for the supply of various materials and services during the financial year ending on 30 th June 2008 did not fully comply with the procurement legislation. Note No. 42 in the financial statements arising from a legal dispute relating to a transaction in which the Bank was acting as an agent of the Government of the United Republic of Tanzania. A Garnishee Order was issued by the High Court of Tanzania on ___________________________________________________________ Office of the Controller and Auditor General PA&oBs 2007/08 25

3. Board <strong>of</strong><br />

External<br />

Trade(<br />

BET)<br />

Unqualified<br />

opinion<br />

with<br />

emphasis <strong>of</strong><br />

matters.<br />

<strong>report</strong>ed in <strong>the</strong> books <strong>of</strong><br />

accounts, was observed to be<br />

substantial. Member’s<br />

withdrawal has increased to<br />

Shs.70.7 billions for <strong>the</strong> year<br />

2007/2008.<br />

The National Social Security<br />

Act, 1997 does not provide for<br />

withdrawal <strong>of</strong> membership<br />

from <strong>the</strong> Fund. Members’<br />

withdraw limits growth <strong>of</strong> <strong>the</strong><br />

Fund <strong>and</strong> is against <strong>the</strong><br />

National Social Security Fund<br />

Act. It should, <strong>the</strong>refore, be<br />

discouraged.<br />

� Generally, <strong>the</strong> Board did<br />

not comply with <strong>the</strong><br />

provisions <strong>of</strong> <strong>the</strong> Public<br />

Procurement Act, 2004, its<br />

Regulations <strong>of</strong> 2005 <strong>and</strong> <strong>the</strong><br />

Board <strong>of</strong> External Trade<br />

procurement regulations.<br />

___________________________________________________________<br />

Office <strong>of</strong> <strong>the</strong> Controller <strong>and</strong> Auditor General PA&oBs 2007/08 24

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