Audit Sierra Leone says agencies to account for billions of Leones


The Auditor General of Sierra Leone released a list Monday naming government agencies and institutions that have failed to submit their financial statement for the purpose of auditing.





The list includes the University of Sierra Leone, national stock exchange, and 10 bodies, including  the Small Arms Commission, which haven't submitted financial statements since their formation.
"Having failed to submit their financial statements for auditing, these institutions should therefore collectively account for billions of Leones of public money they received as budgetary allocations/subventions," the press release said. 


AUDIT SERVICE SIERRA LEONE

           PUBLIC NOTICE

FAILURE TO SUBMIT FINANCIAL STATEMENT TO THE AUDITOR GENERAL FOR AUDITING 

Freetown, Sierra Leone- 7th August 2017-

Section 119(2) of the 1991 Constitution mandates the Auditor General to audit the          Public Accounts of Sierra Leone and all public offices including the courts, the accounts of the central and local government administrations, of the universities and public institutions of like nature, any statutory corporation, company or other body or organisation established by an Act of Parliament or statutory instrument or otherwise set up partly or wholly out of Public Funds.

Sections 86(1) and 118(1)(b) of the Public Financial Management Act 2016 state that the Annual Financial Statements of Public Enterprise, Commissions and Agencies shall be audited by the Auditor-General or other auditor appointed by him.

Having failed to submit their financial statements for auditing, these institutions should therefore collectively account for billions of Leones of public money they received as budgetary allocations/subventions.

The Auditor General of Sierra Leone therefore wishes to inform the general public that the following institutions failed to submit their financial statement for the purpose of auditing:

NAME & FINANCIAL YEAR

1) Njala University  - 2016
2) Nuclear Safety  and Radiation Protection Agency- 2016
3) National Telecommunications Commission  - 2016
4) Human Rights Commission- 2016
5) Independent Media Commission - 2014 -  2016
6) Guma Valley Water Company - 2015 – 2016
7) Office of the National Security - 2016
8) Electricity Generation and Transmission Company - 2015 – 2016
9) Statistics Sierra Leone - 2016
10) Sierra Leone Postal Service - 2015 – 2016
11) University of Sierra Leone - 2016
12) Sierra Leone Road Safety Authority - 2016
13) National Protection Area Authority - 2016
14) Sierra Leone Maritime Administration - 2016
15) Sierra Leone Stock Exchange Company Limited - 2016
16) Sierra Leone Civil Aviation Authority - 2015 - 2016
17) Petroleum Regulatory Agency - 2016
18) National Youth Commission - 2016
19) National Commission for Persons with Disability - 2015-2016
20) Freetown Teachers College - 2009-2016
21) Western Area Hospital Board - Since Formation
22) National Commission for Small Arms - Since Formation
23) National Drugs Control Agency - Since Formation
24) National Assets Commission - Since Formation
25) SL Produce Marketing Company Since Formation
26) National  Pharmaceutical and Procurement  Unit - Since Formation
27) Local Government Service Commission - Since Formation
28) Sierra Leone Health Service Commission - Since Formation
29) Produce Monitoring Board - Since Formation

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