Press Conference on 2017 Project Inspections
Tue. 10th Apr. 2018 - Tue. 10th Apr. 2018
International Press Centre
The Public Interest and Accountability Committee (PIAC) in line with its mandate of conducting independent assessment of the management and use of petroleum revenues, as well as monitoring and evaluating compliance with the Petroleum Revenue Management Act 2011 (Act 815) and its amendment Act 2015 (Act 893), undertook inspection of projects funded from the Annual Budget Funding Amount (ABFA) in 2017. This followed an initial inspection of a limited number of projects in 2016.
The Committee has compiled a report of the findings and observations from the inspection and intends to put these into the public domain, as required by its statute of establishment, at a press conference.