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{
    "id": 720897,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/720897/?format=api",
    "text_counter": 492,
    "type": "speech",
    "speaker_name": "Hon. (Eng.) Gumbo",
    "speaker_title": "",
    "speaker": {
        "id": 24,
        "legal_name": "Nicholas Gumbo",
        "slug": "nicholas-gumbo"
    },
    "content": "Hon. Temporary Deputy Chairlady, I want to thank the Leader of the Majority Party for including this clause which makes financial provision for the running of the Agency. We have done many Bills here giving bodies’ autonomy and independence, but we forget about financial provisions. You cannot guarantee independence and autonomy without financial provision. I want to ask Hon. A.B. Duale to look at Clause 54B. This is a problem we are facing as the Public Accounts Committee (PAC). Clause 54B states that the Agency shall open and maintain such bank accounts as are necessary for the exercise of the functions of the Agency. That is a good provision. The Public Finance Management (PFM) Act gives guidelines on how State agencies can open bank accounts, but that is overlooked all the time. You may recall the scenario when we did the reports on the Judicial Service Commission (JSC) and the Judiciary. Even though the PFM Act clearly provides that before you open that account, the CS in charge of Finance must approve; without express provision, that is overlooked. We demonstrated here that the Judiciary had some accounts which had single signatories. Moving forward, I want to ask the Leader of the Majority Party to add a provision that the Agency shall open and maintain such bank accounts as are necessary for the exercise of the functions of the Agency with authority from the Cabinet Secretary in charge of Finance."
}