The financial statements for the Construction of the Cancer Treatment Centre (CTC), a flagship project under the Ministry of Health (MoH), have been audited and found to “present fairly, in all material respects” the project’s financial position for the year ending March 31, 2025.
The audit, conducted by Mosito and Associates under the authority of the Auditor-General, confirms that the project’s statements, covering financial performance and cash flows, comply with the International Public Sector Accounting Standards (IPSAS), using the cash basis of accounting.
According to the Statement of Receipts and Payments, the CTC project received M28,674,912 during the financial year, while total payments amounted to M28,674,715, leaving a closing cash balance of M3,579.
Payments comprised M27,245,368 for civil works and M1,426,645 for consultancy services under the Government of Lesotho (GoL) funding.
Importantly, the Auditor-General reported no key audit matters, meaning no significant risks or irregularities were identified.
The Principal Secretary of the Ministry of Health and the Director of Finance confirmed that the project complied fully with government regulations and financing agreements, and that all funds were used strictly for eligible purposes.
The financial statements were formally approved and signed on September 29, 2025 and tabled in parliament this week.
The report provides comparative figures for the previous financial year ending March 31, 2024, and presents values in both Lesotho Maloti (M) and United States Dollars (USD).
In a related development, the Auditor-General has also issued clean audit opinions for two other major Ministry of Health programmes. These are the Tuberculosis (TB/GOL) support programme, and the Southern Africa Tuberculosis & Health Systems Support Project (SATBHSS), components IDA 58220 and IDA 66950.
The audits, covering the same financial year ending March 31, 2025, concluded that the financial statements of these projects also “present fairly” the money received and spent.
Summary
- The financial statements for the Construction of the Cancer Treatment Centre (CTC), a flagship project under the Ministry of Health (MoH), have been audited and found to “present fairly, in all material respects” the project’s financial position for the year ending March 31, 2025.
- The audit, conducted by Mosito and Associates under the authority of the Auditor-General, confirms that the project’s statements, covering financial performance and cash flows, comply with the International Public Sector Accounting Standards (IPSAS), using the cash basis of accounting.
- The Principal Secretary of the Ministry of Health and the Director of Finance confirmed that the project complied fully with government regulations and financing agreements, and that all funds were used strictly for eligible purposes.
Ntsoaki Motaung is an award-winning health journalist from Lesotho, specializing in community health stories with a focus on sexual and reproductive health and rights, as well as HIV. She has contributed to platforms like “Be in the KNOW,” highlighting issues such as the exclusion of people with disabilities from HIV prevention efforts in Lesotho.
In addition to her journalism, Ntsoaki serves as the Country Coordinator for the Regional Media Action Plan Support Network (REMAPSEN). She is also a 2023 CPHIA Journalism Fellow.
