RWANDA: AUTHORITIES CONTINUE TO EMBEZZLE PUBLIC FUNDS WITH IMPUNITY

Kigali, February 23, 2012. Over 20 billion (20,000,000,000) Frw or $40 million US dollars have been embezzled from Rwanda national treasury. One gets these numbers by putting together figures and spreadsheets that were recently made public in a report written by the Public Accounts Committee (PAC), a commission of the Rwandan legislative assembly, in charge of monitoring the utilization of public funds and assets. The report which was presented to the legislative assembly on February 15, 2012 illustrates the bad stewardship of public funds and assets during the fiscal year…

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