Tanzanian gov't orders officials to repay $54m misused fund
On October 20, Tanzanian President John Magufuli said the country's anti-corruption watchdog arrested 92 officials with cooperative unions for defrauding cashew nuts farmers in southern regions of Mtwara and Lindi. FILE PHOTO | NMG
Tanzanian authorities on Tuesday ordered officials with cooperative unions to repay Tsh124.05 billion (about $54 million) that were released for buying crops from farmers but disappeared through negligence and misappropriation.
Japhet Hasunga, the Minister for Agriculture, said an audit conducted by the Cooperative Audit and Supervision Corporation (Coasco) in 2018/2019 uncovered the misappropriation of the money from 4,413 audited Agricultural Marketing Co-operative Societies (AMCOS) across the country.
