Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image

GOVERNMENT LOSSES

£950,772 Written Off By Departments The Government last year lost £950,772 through sums irrecoverable by the Crown or stores required to be written off departmental accounts. The biggest single loss shown in the Estimates is £339,178 worth of stores lost by fire from the Civil Aviation Administration. The taxes division of the Inland Revenue Department was a heavy loser on the cash side. Listed as irrecoverable are £113,567 worth of land and income tax, £7703 of social security charge on salaries and wages and £20,289 of social security charge on other income. The Post and Telegraph Department had the greatest amount of bad debts—£63s4, followed by the State Advances Corporation where bad debts worth £3316 were written off in the housing account.

Thefts did not account for a great deal of the stores. The Ministry of Works was the heaviest loser. £2714 worth of stores being stolen from it. Thefts from the Post and Telegraph Department were £2499 in stores, and from the Army £1335 worth of stores were stolen. The only major theft of money was from the Printing and Stationery Office—£46s.

Listed in the Government’s unauthorised expenditure is an amount of £1377, an ex gratia payment from the Post Office account to the Akaroa sub-branch of the ChristchurcM Returned Services’ Association for theft of the association’s funds by a former Post Office employee.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19580704.2.60

Bibliographic details

Press, Volume XCVII, Issue 28629, 4 July 1958, Page 7

Word Count
227

GOVERNMENT LOSSES Press, Volume XCVII, Issue 28629, 4 July 1958, Page 7

GOVERNMENT LOSSES Press, Volume XCVII, Issue 28629, 4 July 1958, Page 7