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AUDIT SERVICE SIERRA LEONE: FAILURE TO SUBMIT FINANCIAL STATEMENT TO THE AUDIT SERVICE SIERRA LEONE FOR AUDITING

FORUM NEWS SIERRA LEONE by FORUM NEWS SIERRA LEONE
21 May 2023
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AUDIT SERVICE SIERRA LEONE: FAILURE TO SUBMIT FINANCIAL STATEMENT TO THE AUDIT SERVICE SIERRA LEONE FOR AUDITING
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PUBLIC NOTICE

 Freetown, Sierra Leone- 23rd August 2022

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.

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

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

INSTITUTIONS

1          Nuclear Safety Radiation Protection Authority: 2021

2          Sierra Leone National Conservation Trust Fund:      2019 – 2021

3          Sierra Leone Housing Corporation:  2020 – 2021

  1. Sierra Leone Postal Services Limited: 2019 – 2021

5          Sierra Leone Producing Marketing Company:          2018 – 2021

6          Sierra Leone State Lottery     2020: 2021

7          Sierra Leone Telecommunication Company:            2020 – 2021

8          Corporate Affairs Commission:         2021

9          Council of Legal Education – Sierra Leone Law School       : 2021

10        Golden Tulip Essential Kimbima Hotel:       2021

11        Independent Media Commission:      2021

12        National Medical Supplies Agency   : 2021

13        Sierra Leone Stock Exchange : 2020 – 2021

14        National Assets Commission:            Since formation

15        National Drugs Control Agency:       Since formation

16        National Pharmaceutical and Procurement Unit       :  Since formation

17        Western Area Hospital Board :  Since formation

The above institutions, having failed to submit their financial statements for auditing should therefore collectively account for huge amounts of monies generated or received as budgetary allocations/subventions.

……………………………………………

Contact

Martin Sandy

Information, Education & Communications Officer

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