Home News Rainbow Towers Faces Accountability After Failing to Supply Snacks Worth US$112k to PSC

Rainbow Towers Faces Accountability After Failing to Supply Snacks Worth US$112k to PSC

Public Funds at Risk: Rainbow Towers Named in List of Government Suppliers Who Did Not Honor Contracts

by Bustop TV News

The Ministry of Finance has unveiled a damning list of government suppliers who were paid for goods and services last year but failed to meet their contractual obligations.

Among the companies exposed, Rainbow Towers has come under heavy scrutiny for its failure to supply snacks worth a staggering US$112,000 to the Public Service Commission (PSC), despite having received payment.

Rainbow Towers Faces Accountability After Failing to Supply Snacks Worth US$112k to PSC

Rainbow Towers Faces Accountability After Failing to Supply Snacks Worth US$112k to PSC

The Treasury’s report highlights a series of companies that have let down the government, with Rainbow Towers’ failure to deliver on its agreement raising particular concern.

The PSC, which had allocated funds for essential goods and services, is now facing the consequences of these contractual breaches.

Other companies on the list include Croco Motors, which received over US$3 million for the supply of buses, vehicles, and tyres to the PSC but did not honour the deal. Sinotruck, despite being paid US$154,000, failed to deliver 50% of the Isuzu vehicles it was contracted to provide to the Local Government Ministry.

In total, several companies, including Amtec, have been named in this exposé. However, none of the listed companies have issued a public response to the Treasury’s findings.

Charlton Hwende, Chairperson of the Public Accounts Committee, made it clear that the committee will take swift action. “Public funds must be protected, and accountability must prevail. Beginning this Friday, the Committee will summon representatives of these companies to provide explanations and face scrutiny. There will be no tolerance for mismanagement of taxpayer money,” Hwende said.

The revelations have sparked a fresh call for transparency and accountability in government dealings, and many are waiting to see if the committee will hold these companies accountable for their failures.

The names of these companies have now been officially submitted to the Public Accounts Committee, which will conduct further investigations into the misuse of public funds. The committee’s upcoming hearings are expected to shine a light on how taxpayer money has been mishandled by these suppliers.

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