K. Male'
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16 Mar 2017 | Thu 13:52
Economic Minister Saeed: MVR 9 million remain unaccounted in Ministry
Economic Minister Saeed: MVR 9 million remain unaccounted in Ministry
Mohamed Sharuhaan
Audit reports
Questions rise over MVR 9 million in Economic Ministry audit
Instructed to follow financial act rules

Auditor General has raised questions over the MVR 9 million listed as assets for Ministry of Economic Development.

The audit report for 2014 shows that records had not been maintained for Transport Authority and Labor Relations Authority had not been maintained according to the set rules in the Financial Act. Therefore, the audit report notes that MVR 9.94 million cannot be accounted for.

Auditor General notes that the Ministry must maintain the records as said in the Financial Act. The Office had also instructed to update the asset registry and include the final figure in the asset statement.

 

Last updated at: 10 months ago
Reviewed by: Hussein Fiyaz
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