Audit of ExxonMobil’s US$460m pre-contract costs completed – Statia

Godfrey Statia

The audit of ExxonMobil’s US$460 million pre-contract costs has been completed and the report was handed to the Department of Energy to be forwarded to the company for its response, Guyana Revenue Authority (GRA) Commissioner-General Godfrey Statia yesterday said.

“We have actually completed our part and have given it to the Department of Energy to give to Exxon. When you are finished with an audit, you have to give the other party a chance to respond. That is normal. You have to inform the party of your findings, if not you have not completed the audit so that is where I know we last were,” Statia told Stabroek News when contacted.

This newspaper understands that the report was handed back to the consultant for the completion of some work and it was returned to the Department of Energy.