TRENTON, N.J. (AP) — An audit of spending by New Jersey state workers on state-issued bank cards discovered data lacking and an absence of oversight, which its says places state funds liable to fraud and misuse.
The state comptroller’s workplace mentioned Thursday it reviewed a pattern of spending by workers within the New Jersey departments of corrections, human companies and environmental protections on state-issued bank cards. The audit coated transactions between 2014 and 2017.
“Our report found that as many as 30 percent of the purchases we sampled made on state-issued credit cards were documented incorrectly,” appearing state Comptroller Kevin Walsh mentioned in a press release.
The report discovered some workers on the departments of human companies and corrections have been approving their very own purchases and failing to request a number of bids for sure purchases as required. All three departments have been lacking required data.
“State agencies that allow employees to approve their own transactions increase the risk of fraud and misuse of state funds,” the comptroller’s report mentioned. State guidelines require completely different workers to be concerned in every step of those purchases and documentation.
In whole, 17 state companies revamped $42 million in purchases on state-issued bank cards in the course of the time interval the audit coated. The comptroller’s workplace reviewed a small pattern of that spending.
The state-issued bank cards are supposed to permit departments to make purchases underneath a specific amount for gadgets or companies that aren’t coated by current state contracts.