Fri | Jan 18, 2019

Opposition PAC members want Petrojam forensic audit expanded

Published:Tuesday | December 11, 2018 | 11:56 AM
Gordon House - FIle photo.

Livern Barrett, Parliamentary Reporter 

Opposition members of the Public Accounts Committee of Parliament (PAC) wants the scope of the forensic audit of the state-owned oil refinery Petrojam expanded.

In addition, Opposition members have raised concerns about who will engage the serves of the individual or entity that will conduct the audit.

The issues were raised during a meeting of the PAC now underway at Gordon House in downtown Kingston.

No government members of the committee are at the meeting.

The committee is examining the report from the comprehensive audit of Petrojam, which highlights "explicit acts of nepotism", corruption and breaches of the government's procurement guidelines.

Yesterday, Prime Minister Andrew Holness announced that the forensic audit will examine the oil losses at Petrojam, which according to the Auditor General's Department, amounted to 600,684 barrels of oil valued at $5.2 billion over the last five years.

But, Mikael Phillips, Member of Parliament for North West Manchester, suggested that the forensic audit should cover the entire operations of the refinery.

Chairman of the committee Mark Golding agreed, asserting that the audit should cover "all breaches of the government procurement rules."

"Because all of them smell extremely fishy," Golding said.

Peter Bunting, Member of Parliament for Central Manchester, also questioned whether the board of Petrojam should be allowed to "choose its own investigators."

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