SHC Ignore Audit Report

President Kufuor’s clarion call for “zero tolerance for corruption” seems not to be applicable to the management of the State Housing Company (SHC).

This, according to CHRONICLE , is due to the fact that SHC management has, to date, done nothing about the company’s eastern zone third quarter internal audit report, which accused an official of embezzling monies in respect of fuel coupons to the detriment of the company.

The audit report noted that on the 21/09/01 there was concurrent allocation by the schedule officer and the technical engineer. In all cases, the operator did not sign as received.

Also interviews granted to drivers and operators of corporate fleet revealed that they neither signed nor received requisitions and that all receipts of fuels fell short of what was actually received.

“This situation has given rise to malfeasance and the abuse of the petrol coupons. We recommend that Mr. A. Preko should be taken out of the schedule to pave way for the completion of our investigation”.

When CHRONICLE contacted the management, they denied knowledge of this audit report in response to a questionnaire sent to it by the CHRONICLE to find out what has been done about that audit report.

Meanwhile, CHRONICLE can report that a committee set up by the board of directors to investigate allegations of managerial malfeasance, following “Chronicles” report on March 14, this year established that there exists such a report.