{"id":30349,"date":"2023-02-22T15:26:27","date_gmt":"2023-02-22T15:26:27","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/uncategorized\/information-on-d22-million-proceeds-of-janneh-commission-unavailable"},"modified":"2023-02-22T16:40:46","modified_gmt":"2023-02-22T16:40:46","slug":"information-on-d22-million-proceeds-of-janneh-commission-unavailable","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/information-on-d22-million-proceeds-of-janneh-commission-unavailable","title":{"rendered":"Information On D22 Million Proceeds Of \u2018Janneh\u2019 Commission Unavailable"},"content":{"rendered":"

Africa-Press – Gambia. <\/strong><\/span>As part of the audit of the 2019 Government of the Gambia Consolidated Financial Statements, the audit disclosed that they noted that Treasury Receipts amounting to D22, 319, 957.92 were reported as proceeds from the sale of assets by the Janneh Commission.<\/b><\/p>\n

\u201cWe requested for documentation relating to assets disposed and their disposal proceeds, valuation for the assets disposed, appointment of auctioneers, auctioneers report, bank statements and copies of receipts issues but they were not provide,\u201d said the audit on failure to provide information on Janneh Commission Proceeds.<\/p>\n

According to the audit the implications of this includes but limited to an increased risk of lack of transparency and accountability leading to non-availability of corroborative evidence to support the sale of assets and receipts.<\/p>\n

\u201cThe Accountant General should liaise with the related Ministry to ensure that the relevant documents requested are provided without delay. The dictates of the Constitution and the Financial Regulations should always be adhered to,\u201d recommended the audit.<\/p>\n

The audit revealed that there were grants totaling D92, 323, 463.51 disbursed directly to sectors during the year under review for which no record exists at the Ministry of Finance.<\/p>\n

The audit thus recommended that reconciliation should be performed in respect of grants disbursed to, coupled with adherence to the Public Finance Act.<\/p>\n

\u201cThe grants were directly disbursed to sectors during the year under review for which no record exists at the Ministry of Finance. Therefore could not be verified from source within the available space time,\u201d said management.<\/p>\n

The continued that they have noted that government revenue from the proceeds of confiscated smuggled timbers totaling D90, 618,000.00 from Senegal have been recognized under the statement of deposit as third party funds.<\/p>\n

It however indicated that there is no evidence provided to show that proceeds from confiscated smuggled timbers are held in trust or on behalf of a third party.<\/p>\n

\u201cThe implications are that there is a risk that government revenue and statement of deposit is misstated, and there is also a risk of internal control weakness,\u201d said the audit.<\/p>\n

The management responded that these funds were accounted for as Third Party deposit funds as the sharing modalities to the funds were yet to be established as at time of collection.<\/p>\n

The audit contradicted this management response, adding that part of the funds was used to procure some riot equipment and vehicles amounting to D58, 669,927.79 and also D49, 999,999.75 was paid to the Government of the Republic of Senegal.<\/p>\n

The audit recommended the need to adhere to the dictates of the Financial Regulations and the Accountant General should ensure that the accounts in question are properly monitored.<\/p>\n

\u201cThese balances would be adjusted as part of the Revised Financials,\u201d responded the management.<\/p>\n

For More News And Analysis About Gambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Gambia. As part of the audit of the 2019 Government of the Gambia Consolidated Financial Statements, the audit disclosed that they noted that Treasury Receipts amounting to D22, 319, 957.92 were reported as proceeds from the sale of assets by the Janneh Commission. \u201cWe requested for documentation relating to assets disposed and their […]<\/p>\n","protected":false},"author":84,"featured_media":30348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,6],"tags":[2355,2361,260],"class_list":["post-30349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-files","tag-africa-press","tag-africa-press-gambia","tag-gambia"],"yoast_head":"\nInformation On D22 Million Proceeds Of \u2018Janneh\u2019 Commission Unavailable - Gambia<\/title>\n<meta name=\"description\" content=\"As part of the audit of the 2019 Government of the Gambia Consolidated Financial Statements, the audit disclosed that ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/gambia\/all-news\/information-on-d22-million-proceeds-of-janneh-commission-unavailable\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Information On D22 Million Proceeds Of \u2018Janneh\u2019 Commission Unavailable\" \/>\n<meta property=\"og:description\" content=\"As part of the audit of the 2019 Government of the Gambia Consolidated Financial Statements, the audit disclosed that ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/information-on-d22-million-proceeds-of-janneh-commission-unavailable\" \/>\n<meta property=\"og:site_name\" content=\"Gambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-22T15:26:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-22T16:40:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2023\/02\/postQueueImg_1677070475.34.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"974\" \/>\n\t<meta property=\"og:image:height\" content=\"581\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/information-on-d22-million-proceeds-of-janneh-commission-unavailable#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/information-on-d22-million-proceeds-of-janneh-commission-unavailable\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Information On D22 Million Proceeds Of \u2018Janneh\u2019 Commission Unavailable\",\"datePublished\":\"2023-02-22T15:26:27+00:00\",\"dateModified\":\"2023-02-22T16:40:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/information-on-d22-million-proceeds-of-janneh-commission-unavailable\"},\"wordCount\":465,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/information-on-d22-million-proceeds-of-janneh-commission-unavailable#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2023\/02\/postQueueImg_1677070475.34.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Gambia\",\"Gambia\"],\"articleSection\":[\"all news\",\"files\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/information-on-d22-million-proceeds-of-janneh-commission-unavailable#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/information-on-d22-million-proceeds-of-janneh-commission-unavailable\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/information-on-d22-million-proceeds-of-janneh-commission-unavailable\",\"name\":\"Information On D22 Million Proceeds Of \u2018Janneh\u2019 Commission Unavailable - 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