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Audit of oil money spending - Kaieteur News
Budget money has been identified for the Audit Office, so that its people can take a close look at how the millions withdrawn from the nation’s oil fund were spent. Guyana’s Audit Office has been saddled with the responsibility to follow the money trail from beginning to end, so to speak. That is, from the time deposits were made into the National Resource Fund (NRF), to when withdrawals occurred, and to where and what and how, the monies taken out are spent. The Minister of Finance, Dr. Ashni Singh, had said that such withdrawals are to fund“national development priorities.” It is the Audit Office’s duty to go behind that broad, bland umbrella of Dr. Singh, and check the specifics of whatever that meant, and how oil fund money was involved.
KNews