PUBLIC BODIES FAIL TO ACCOUNT
TIPNG’s “ACCOUNTABILITY SCORECARD” uses publicly available information from the Report of the Auditor General Part IV*, of which 132 public bodies are recorded. Shockingly, from the list, eighty (80) public bodies had not submitted their 2022 financial statements to be audited, in addition to 183 financial statements for 2021 and prior years have not been submitted to the AGO for audit. This trend reflects a serious lack of financial management of public funds and represents a direct violation of the Public Finances (Management) Act 1995 (as amended), Section 47L provision on Reports and Financial Statements.
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