The National Audit Office was unable to conclude the probe into the first COVID-19 vouchers round as data was missing and/or incomplete.
The round cost the government €45 million, but a new report published on Monday revealed that the NAO’s attempt to reconcile the vouchers proved futile.
The office expressed how it encountered significant problems whilst auditing the voucher scheme. The vouchers, launched in June 2020, saw every resident receiving five €20 vouchers by registered post.
The initial expiration date was set for September 30th, but it was extended to the 31st of October. It aimed at boosting the economy due to the pandemic.
The NAO discovered that payments to merchants for redeemed vouchers continued to be made until around March of this year.
The audit office said that since data continued to change, attempts to carry out reconciliations proved futile. Audit testing showed that around €850,000 were paid to merchants after closing date – translating to around 43,000 vouchers.
Despite the voucher scheme proving successful, improvements had to be implemented for the second round.
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Photo Source: Silvio Schembri FB, BusinessToday