The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has issued guidelines to the Presidential Task Force (PTF) on COVID-19 on how to manage the funds allocated to the committee.
The Independent Corrupt Practices and Other Related Offences Commission has issued guidelines to the Presidential Task Force on COVID-19 on how to manage the funds allocated to the committee.
The committee has been directed to comply with Section 43 of the Public Procurement Act, 2007 during the emergency period.But the guidelines do not apply to the management of the cash mobilised by the private sector to assist the government in containing Coronavirus spread. “Salient among the several provisions of the guidelines are: first, the bank accounts policy which allows the chairman of the PTF the discretion to designate bank accounts solely for the collection of funds and donations, as well as a specific bank account that receipts are swept into for expenditure whose signatories, though appointed by the Chairman, PTF shall not have approving powers.
“Furthermore, the responsibility for procurements rests on the shoulders of the Chairman, PTF and all such procurements are required to adhere to the provisions of Section 43 of the Public Procurement Act, 2007 in the emergency period. “They must account for the advances at any given time and are to report weekly to the chairman or as he may direct.”
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