Minister for Economy exercises his powers and exempts Energy Fiji Limited from audit by the Auditor General

Minister for Economy, Aiyaz Sayed-Khaiyum has exercised his powers conferred on him under the Audit Act 1969, and exempted off-budget State entity, Energy Fiji Limited from audit by the Auditor General.

The regulation has been gazetted.

Fijivillage sent questions to Sayed-Khaiyum late yesterday to clarify why Energy Fiji Limited has been exempted from being audited by the Auditor General’s Office.

We also asked him on his thoughts on the accounts not being audited by the Auditor General although 51 percent of EFL shares are owned by the Government.

Follow up questions were sent again today however he is yet to clarify the reasons why EFL is exempted from being audited by the Auditor General.