With President Magufuli having started cracking down on corruption already, the news that Air Tanzania's accounts have not been audited for 8 years, in violation of the statutes under which state companies operate, must be bad news for management. The company was mentioned as one of the problem companies by the president shortly after he took office and the lack of financial accountability with regard to the numerous government bailouts must call the moribund airline's future into question.
The Citizen. 8 years of No Audit at ATCL Shocking