Members of Parliament have come under scrutiny after failing to repay a US$76.5 million loan disbursed in 2023 under a murky arrangement now flagged by the Auditor General.
According to the latest audit findings, the loan scheme was poorly structured, with no set repayment timelines or installment agreements, effectively allowing lawmakers to access public funds without accountability. The revelation has sparked concerns over misuse of public resources by those tasked with overseeing government conduct.
The Auditor General described the deal as a serious breach of financial oversight and warned that the absence of formal repayment conditions could make it impossible for the government to recover the funds.
Parliament’s administration has acknowledged that no mechanisms were put in place to retrieve the money, a trend that appears to mirror similar cases involving previous legislators who also failed to repay loans without consequence.
Efforts to get clarification from Treasury and Parliament have so far yielded no definitive responses.
