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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Special audit report to be submitted on dealings at CPC

Special audit report to be submitted on dealings at CPC

4 posters

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Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

The Auditor General’s Department states that a special audit report on dealings at the Ceylon Petroleum Corporation, will be submitted to Parliament, within the next two months.

Auditor General R.H.S. Samaraweera said that documentation of these dealings have been received.

’’We have deployed about twelve officials under the supervision of the Deputy Auditor General. They will conduct investigations covering all areas from the registration of suppliers to the distribution of fuel.’’

’’The investigations will be conducted over a span of one year. We are hoping to forward an investigation report to the parliament in a few months. The aim of the investigation is not to restrict it to where problems arose but to cover the whole system,’’ stated Auditor General R.H.S. Samaraweera

The Auditor General’s Department commenced an investigation, after the Committee on Public Enterprises or COPE ordered an investigation into dealings at the CPC over the past year.
http://newsfirst.lk/english-news/?view=news_more&id=15589

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

This country govt do not give proper recognition to audit reports Last stage
of any audit quarry some committee in parliament After that USUALLY
nothing .happen
According to Mahinda Chinthana policy statement FIRST BILL OF NEW GOVT OF2010 would be anti -corruption Bill(as far as i can remember)
Although we have seen many bills NO such bill so far
Correct me if i am wrong
This is position of all governments after 1977

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Hahaha what a joke..!
Are we trying to waste more money @ CPC?

On the other hand I doubt HJ will have to pay the price for all these nonsense Rolling Eyes

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Fantastic. Spend more money on these committees over another 1 year. And do nothing?

Even if they produce worth while results, sure hope "they" will carry them out to make CPC a less public burden.

If some authority is reading this, make sure these audits produce good feedback and then they are carried out. else it will be a waste.

Else it can be an eye wash.

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