The General Auditing Commission of Liberia (GAC) has forwarded copies of one of its completed first audit report to the National Legislature, in fulfillment of its statutory mandate. The Act creating the GAC makes it reportable to the National Legislature.
The report was submitted lasyt wednesday, October 8, and recieved by The Chief clerk of the House of representatives and the Assistant secretary of the Senate. Both House are currently on agriculture break and will resume session in January 2009 before looking into the report.
Making the presentation to the lawmakers on behalf of the Auditor General of Liberia, GAC Communication Officer James Jensen, in separate remarks, told both Houses of Senate and Representatives GAC’s unbending commitment in making sure that public monies are truly accounted for, for the general good of the public.
The proper management and application of public resources, Jensen noted, is a cardinal platform of directing more donors support for Liberia and a truest means for Liberia’s post war economic recovery.
He then commended international partners, like the European Commission, American Government among other that have been backbones of support to GAC’s ingrained quest to cleanse Liberia from the chain of fiscal improprieties, wastes, corruption and abuse of resources.
He also extended thanks to auditors from Zambia and Ghana that joined effort with GAC Supreme Auditors to reach thus far in the audit process.
Jensen assured the lawmakers that the Auditor General (AG), John S. Morlu, II will, in a short period, present additional audit reports to members of the legislature.
According to GAC, the Special Forensic Audit Report of the Auditor General on the Bong Mines Community Escrow Account was received by Miss Genevee Massaquoi, Assistant Secretary of the Senate and the Chief Clerk of the House of Representative, Atty. Morris Karbah on behalf of the lawmakers. 31 copies of the report were given to the Senate, while the Representative received 65 copies.
Both Miss Massaqua and Chief Clerk Karbah expressed appreciation for the report and promised to present them to the lawmakers.
GAC further indicated that copies of the Special Audit Report have been packaged for distribution to diplomatic missions here in Liberia, Civil Society Organizations (CSO), religious community, political parties, and media institutions, among others.
The Special Forensic Audit report covers the fiscal year 2006/2007, and the former mining town, Bong Mines, situated in Bong County, central Liberia.
Meanwhile, GAC , according to a press release, has thus far completed the audits of several government institutions, including, the National Social Security and Welfare Corporation(NASSCORP);National Housing Authority(NPA), National Lotteries, Independent Human Rights Commission(IHRC) and the Ministry of Finance Fiscal Outturn Consolidated revenues.
Ministry of Finance, as well as Youth and Sports Recreational and Vocational Centers are inconclusive. Management Letters have been sent to both ministries and responses received by GAC. Both reports are at the final stage.
The release further said that Management Letters had since been sent to the Ministry of Finance Fiscal Outturn Consolidated Expenditure and the County Development Fund (2005/2006, awaiting responses.
The Monrovia Transit Authority (MTA) and the National Port Authority (NPA),the release noted ,are at the Management Letter State ,including the Iron Ore Sale at the Port, National Elections Commission (NEC) fees collected during the 2005 Presidential and the General Election.
Meanwhile, GAC has started the Highly Indebted Poor Countries Initiative (HIPIC) audit. Ministries of Education, Lands Mines and Energy, Public Works and Health are the five institutions earmarked for the HIPIC audit.