The Agricultural Development and Marketing Corporation (Admarc) has been called to implement and intensify efforts to rid corruption at the parastatal.
The call was made by the Agriculture Committee of Parliament, which has observed corruption has dented the image of the institution. Recently, the Admarc chief executive officer Felix Jumbe said the parastatal needs K300 billion to recapitalise to keep up with its strategic business plan to become a major off-taker of all farm produce in the country, yet the parastatal has abused resources amounting to K3 billion, according to the national Audit Office (NAO).
Meanwhile the committee’s chairperson, Sameer Suleman, outlined that the corruption that is happening in Admarc depots as well as mismanagement of funds is a great concern. On the other hand, the Admarc CEO admitted that the parastatal’s operational, financial and human resources have been weak and not delivering the desired output.