NICIL’s 2012 annual report

On 16 January 2014, the Minister of Finance presented to the National Assembly the 2012 annual report of the National Industrial and Commercial Investments Limited (NICIL). The report is five months late in the case of the audit and four months in terms of presentation in the Assembly. It contains three sections – corporate information; Directors’ report; and the audited financial statements along with the report of the Auditor General.

Corporate information

This section lists the Minister of Finance as Chairman along with four other directors, namely