WebJan 5, 2024 · Any diversion of grant funds (including income from an endowment grant) for a use not specified in the grant may result in that part of the grant being treated as a taxable expenditure. If the use of the funds is consistent with the purpose of the grant, the fact that a grantee does not use any funds as indicated in the original budget ... WebExamples of Siphoning of funds in a sentence. Siphoning of funds, referred to at para 2.1(c) above, should be construed to occur if any funds borrowed from banks / FIs are utilised for purposes un-related to the operations of the borrower, to the detriment of the financial health of the entity or of the lender.. Siphoning of funds should be construed to …
Penal Code 424 PC - Misappropriation of Public Funds
WebDIVERSION meaning: 1 : the act of changing the direction or use of something the act of diverting something; 2 : something that people do because it is enjoyable, entertaining, … WebMar 15, 2024 · Diversion of funds definition: A diversion is an action or event that attracts your attention away from what you are... Meaning, pronunciation, translations and examples Diversion definition: A diversion is an action or event that attracts your attention … the cathedral of learning pittsburgh
Diversions, Expungements, & Dispositions - Tennessee
WebApr 9, 2024 · Diversion definition: A diversion is an action or event that attracts your attention away from what you are... Meaning, pronunciation, translations and examples Webpractices, misappropriation or diversion of funds, kick backs, under and over invoicing, bribery, false declarations, abuse of office, and collection of illegal tolls. Other contextual meanings include the impairment of integrity, virtue or moral principles, and an unauthorized use of resources for private gain. WebDec 20, 2013 · The accused, Remo Levy Samson, is charged with Embezzlement C/ S. 19 (a) (i) and (iii) of the Anti-Corruption Act 2009 and on the alternate count of Diversion of public resources C/Ss 6 & 26 of the same Act. The accused was is an employee of Moyo District Local Government (MDLG) where he worked as a senior accounts assistant. tavisca website