AG report exposes over K483m embezzled in petroleum sector

By BUUMBA CHIMBULU

OVER K483 million was embezzled in the procurement of petroleum products between January 2019 to December 2022, a special report issued by the office of the Auditor General has revealed.

These financial anomalies are equivalent to US$1, 396, 111,768.

Overpayments towards suppliers of petroleum products as well as failure to pay them are some of the notable findings of the report released yesterday by the acting Auditor-General, Dr Ron Mwambwa. CLICK HERE TO READ MORE

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