| 64 |
In law, is there an agency or equivalent mechanism overseeing state-owned companies? |
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64:
In law, is there an agency or equivalent mechanism overseeing state-owned companies?
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| Score: |
YES |
NO |
 |
|
| |
Comments: It is actually the Public Accountants Committee of the Parliament which monitors Public Enterprises. Although not legally bound, there is the Public Enterprise Reform and Monitoring Unit (PERMU) under the Ministry of Finance, which also monitors the enterprises.
References: Public Procurement Act, Part IV Section 18 (d)
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| 65 |
Is the agency or equivalent mechanism overseeing state-owned companies effective? |
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65a:
In law, the agency or equivalent mechanism overseeing state-owned companies is protected from political interference.
|
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| Score: |
YES |
NO |
|
|
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Comments:
References: Public Audit Act, Part IV, Section 22
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65b:
In practice, the agency or equivalent mechanism overseeing state-owned companies has a professional, full-time staff.
|
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| Score: |
100 |
75 |
50 |
25 |
0 |
|
|
| |
Comments:
References: 1) Happy Kayuni, lecturer, Department of Political and Administrative Studies, University of Malawi, Sept. 12, 2007, Zomba
2) Jacob Jimu, reporter, Nation newspaper Sept. 12, 2007, Blantyre
3) R. Tambulasi and H. Kayuni "Decentralization Opening a New Window for Corruption" Journal of Asian and African Studies 42 (2), 2007
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65c:
In practice, the agency or equivalent mechanism overseeing state-owned companies receives regular funding.
|
| |
| Score: |
100 |
75 |
50 |
25 |
0 |
|
|
| |
Comments:
References: 1) Happy Kayuni, lecturer, Department of Political and Administrative Studies, University of Malawi, Sept. 12, 2007, Zomba
2) Jacob Jimu, reporter, Nation newspaper Sept. 12, 2007, Blantyre
3) R. Tambulasi and H. Kayuni "Decentralization Opening a New Window for Corruption" Journal of Asian and African Studies 42 (2), 2007
|
| |
65d:
In practice, when necessary, the agency or equivalent mechanism overseeing state-owned companies independently initiates investigations.
|
| |
| Score: |
100 |
75 |
50 |
25 |
0 |
|
|
| |
Comments:
References: 1) Happy Kayuni, lecturer, Department of Political and Administrative Studies, University of Malawi, Sept. 12, 2007, Zomba
2) R. Tambulasi and H. Kayuni "Decentralization Opening a New Window for Corruption" Journal of Asian and African Studies 42 (2), 2007
|
| |
65e:
In practice, when necessary, the agency or equivalent mechanism overseeing state-owned companies imposes penalties on offenders.
|
| |
| Score: |
100 |
75 |
50 |
25 |
0 |
|
|
| |
Comments:
References: 1) Happy Kayuni, lecturer, Department of Political and Administrative Studies, University of Malawi, Sept. 12, 2007, Zomba
2) Jacob Jimu, reporter, Nation newspaper Sept. 12, 2007, Blantyre
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| 66 |
Can citizens access the financial records of state-owned companies? |
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| |
66a:
In law, citizens can access the financial records of state-owned companies.
|
| |
| Score: |
YES |
NO |
|
|
| |
Comments:
References: Public Audit Act, Part IV Section 18 (a)
|
| |
66b:
In practice, the financial records of state-owned companies are regularly updated.
|
| |
| Score: |
100 |
75 |
50 |
25 |
0 |
|
|
| |
Comments:
References: 1) R. Tambulasi and H. Kayuni "Decentralization Opening a New Window for Corruption" Journal of Asian and African Studies 42 (2), 2007
2) R. Tambulasi, lecturer and Head of Department of Political and Administrative Studies, University of Malawi, Sept. 12, 2007, Zomba
|
| |
66c:
In practice, the financial records of state-owned companies are audited according to international accounting standards.
|
| |
| Score: |
100 |
75 |
50 |
25 |
0 |
|
|
| |
Comments:
References: 1) Interview with Charles Thombozi, District commissioner, Sept. 12, 2007, Neno
2) Interview with H. Kayuni, lecturer, Department of Political and Administrative Studies, University of Malawi, Sept. 12, 2007, Zomba
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| |
66d:
In practice, citizens can access the financial records of state-owned companies within a reasonable time period.
|
| |
| Score: |
100 |
75 |
50 |
25 |
0 |
|
|
| |
Comments:
References: 1) Interview with Charles Thombozi, District commissioner, Sept. 12, 2007, Neno
2) Interview with H. Kayuni, lecturer, Department of Political and Administrative Studies, University of Malawi, Sept. 12, 2007, Zomba
|
| |
66e:
In practice, citizens can access the financial records of state-owned companies at a reasonable cost.
|
| |
| Score: |
100 |
75 |
50 |
25 |
0 |
|
|
| |
Comments:
References: 1) Interview with Happy Kayuni, lecturer, Department of Political and Administrative Studies, University of Malawi, Sept. 12, 2007, Zomba
2) Interview with Jacob Jimu, reporter, Nation newspaper, Sept. 12, 2007, Blantyre
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