Breaking Down the Audit Report: How IEC Potentially Misappropriated over 368m Dalasi
By Kaddy Jawo The recently published National Audit report, covering the period from January 1, 2020, to December 31, 2023, found that the Independent Electoral Commission (IEC) may have misappropriated public funds totalling three hundred sixty-eight million, thirty-five thousand, eight hundred ninety-three dalasis and sixty-one bututs (368,035,893.61). The financial irregularities detected in the audit include a failure to remit collected revenue to the consolidated revenue fund, missing receipts that were not accounted for, overpayments on contracts, payments made to the personal accounts of staff, suspected diversion of public funds for personal use, suspected fraudulent payments of allowances, and unretired funds. These...
