ADDIS ABABA – Preparations are underway to implement swift corrective actions based on the findings of recent audit investigations, the Addis Ababa Chamber of Commerce and Sectoral Associations (AACCSA) announced.
Briefing the media on the issue, AACCSA President Mesenbet Shenkute said that the Chamber’s Board of Directors observed misuse of public resources.
According to the President, the organization’s auditing committee discovered that unauthorized overseas travels, foreign currency expenditures, huge procurement deals, new employment contracts and promotions were not carried out in an accountable and transparent manner.
These practices were against the organization’s establishment proclamation and its human resource policy and other legal frameworks, she said.
So far, the Association has taken legal actions on responsible individuals and is implementing reform measures within the new organizational structure in compliance with the audit investigation outcome, she stated.
Mesenbet also noted that the organization has corrected gaps in its establishment proclamation and other laws.
To overcome these and other problems, the AACCSA board has completed the preliminary phase of the institutional reform and began the implementation process, she stated.
According to Mesenbet, the Association currently has only 4000 members that pay membership fees every year despite the effort to increase their number.
The President further said that the AACCSA’s swift reform measures would encourage all chamber associations across the country to evaluate their status and take necessary measures within their organizations.
The Board of Directors recently held an emergency meeting to vote on audit investigation after learning misconduct and misuse of resources.
BY TSEGAYE TILAHUN
THE ETHIOPIAN HERALD TUESDAY 24 DECEMBER 2024
