Telecom

Mali: Telecom regulator accused of financial irregularities costing the treasury over CFA4bln

Mali: Telecom regulator accused of financial irregularities costing the treasury over CFA4bln
Tuesday, 10 March 2020 15:07

In Mali, the telecommunications and postal regulatory authority (AMRTP) is accused of financial irregularities that have cost the Treasury a total of CFA4,525,370,963 between 2016 and 2018. This information was reported by the Office of the Auditor General (BVG) of Mali.

In a report on the compliance of collection of royalties and other income due to the State and the execution of agreements and contracts signed between the State and telecom operators, BVG stated that the financial irregularities resulted from the AMRTP's failure to comply with the regulations which stipulate “that it controls, by itself or by third parties it mandates, the technical, accounting and financial data provided by the incumbent.”

This administrative fault then led to several financial breaches, including the non-application of provisions relating to the monitoring and recovery of customer receivables; the lack of regular monitoring of the recovery of receivables from operators holding frequency assignment and numbering resource authorizations; and the non-effectiveness of regular monitoring of term deposit operations.

Of the missing amount recorded by BVG, CAF1,816,684,716 has been subject to payment moratorium while CFA1,882,750,000 is subject to litigation proceedings.

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