01130nam a22001097a 4500100002200000245004700022260003800069300000700107520072700114650010800841856007100949  aFinancial Gazette  aGovt loses millions in graft,mismanagement  aHararebFinancial Gazettec 2015.  a3p  aThe article based on the Comptroller and Auditor General’s report revealed widespread graft and mismanagement in government and State-owned institutions that has resulted in the loss of millions of dollar. The report, which covers the financial period to December 31, 2013, was is a narrative on the appropriation accounts and miscellaneous funds. It revealed that illicit dealings and mismanagement that resulted in government loosing revenue. The report highlighted that abuse and mismanagement of funds reached catastrophic levels between 2011 and 2013.Statistics and figures are given in major government parastatals, and this has been attributed as a major driver of illicit financial flows in developing countries.  aADVANCE-FREE FRAUD, BANKING SECRECY, CAPITAL FLIGHT, CAPITAL OUTFLOW, CORRUPTION, COUNTERFEITING, DEBT   uiffoadatabase.trustafrica.org/iff/govt_loses_millions_in_graft.pdf