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 SSHFC surplus decreased to D18M in 2011		  New Topic  Topic Locked
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kobo



United Kingdom
7765 Posts
Posted - 17 Nov 2012 :  22:43:50  Show Profile Send kobo a Private Message
DAILY OBSERVER NEWS;

The Public Accounts Committee have not done justice to the accounts and doing dis-service to nation window dressing rampant corruption

Where is the D40 million+ Net Surplus between 2010 and 2011 ( D59, 295, 000 - D18, 319, 000= D40,976,000) wiped out from SSHFC or spent/invested in the cash flow statement in space of one financial year
Edited by - kobo on 18 Nov 2012 01:29:23

kobo



United Kingdom
7765 Posts
Posted - 18 Nov 2012 :  19:07:45  Show Profile Send kobo a Private Message
FOROYAA BURNING ISSUES NEWS;

SSHFC OPERATING ON OVERDRAFT IS UNBELIEVABLE AND THERE APPEAR TO BE GROSS FINANCIAL MISMANAGEMENT NOTED FROM THIS QUOTE
"The Auditor General, Mr. Abubacarr Sankareh, pointed out that the Minutes of the last Investment Committee meetings were not signed. He argued that the Corporation cannot have a loan of billions and running with overdrafts. He further argued that the external auditors' statement cannot be in contradiction with the management letter because they have no evidence to support their argument."
Edited by - kobo on 18 Nov 2012 20:07:52
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kobo



United Kingdom
7765 Posts
Posted - 19 Nov 2012 :  21:19:46  Show Profile Send kobo a Private Message
FOROYAA BURNING ISSUES NEWS;
Edited by - kobo on 19 Nov 2012 21:21:45
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