Liberia: Financial Mismanagement at CARI –General Auditing Commission Audit Report - News Summed Up

Liberia: Financial Mismanagement at CARI –General Auditing Commission Audit Report


MONROVIA – The General Auditing Commission (GAC) has identified multiple issues of significant materiality that affect the operations of the Central Agricultural Research Institute (CARI) for the fiscal year ended June 30, 2020 in the audit report recently released to the National Legislature. According to the audit report, payments amounting to US$47,922.50 were made in the name of CARI Finance staff rather than the vendors / service providers or the authorized representatives. The audit further noted a variance of US$59,369.29 between the total amounts disbursed to CARI as per the Fiscal Outturn Report 2019/2020 and the total amount received as per the Expenditure Report. Therefore, given the nature of this transaction, the GAC has referred this matter to the Liberia Anti-Corruption Commission for further investigation. The total salaries paid in the names of the separated staff for the period under audit was US$14,006.85.


Source: Front Page Africa January 22, 2021 23:58 UTC



Loading...
Loading...
  

Loading...