Silla Mbewe appointed new Lilongwe Water Board CEO nyasatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nyasatimes.com Daily Mail and Mail on Sunday newspapers.
Operator
Good afternoon and welcome to the Fourth Quarter 2020 Connection Earnings Conference Call. My name is Josh, and I ll be the coordinator for today. At this time, all participants are in a listen-only mode. Following the prepared remarks, there will be a question-and-answer session. [Operator Instructions]
On the call today are Tim McGrath, President and Chief Executive Officer; and Tom Baker, Senior Vice President and Chief Financial Officer. I will now turn the call over to the company.
Samantha Tracy
Investor Relations
Thanks, operator. I will now read the Safe Harbor statement. Any statements or references made during the conference call that are not statements of historical fact may be deemed to be forward-looking statements. Various remarks that management may make about the company s future expectations, plans and prospects constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995.
Solidarity through Solitude secures the 2020 UOB Southeast Asian Painting of newswit.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newswit.com Daily Mail and Mail on Sunday newspapers.
December 11, 2020 Watipaso Mzungu - Nyasa Times 4 Comments
Vice President Saulos Chilima has disclosed that the lack of adequate oversight and adherence to the 2018 amended Public Audit Act and the Public Finance Management Act of 2003 has cost Malawi billions of kwachas.
Chilima driving the reforms agenda
Chilima made the remarks on Friday at the closing of the Public Sector Conference at Mponela in Dowa.
The Vice President emphasized that public sector accountants and auditors have a huge responsibility of safeguarding public resources.
He warned that the Public Finance Management Act of 2003, which is under review and is expected to be tabled in Parliament, spells out tough penalties to be meted on officers who will not adhere to the laid out laws.