Auditor General says has no role in audit of cost oil

Deodat Sharma

Auditor General Deodat Sharma says that he has no role in relation to auditing cost oil expenses and his office is only involved with audits relating to the petroleum sector where the Guyana Revenue Authority (GRA) had granted tax exemptions.

Sharma was asked about his role in light of a growing scandal over unauthorised attempts by ExxonMobil and personnel of the Ministry of Natural Resources to slash a US$214m figure which UK audit firm IHS Markit said could be disputed.

And even as he distanced himself from being a part of any of the two audits of ExxonMobil’s spending for works in the Stabroek Block, the Auditor General says that his office is now equipping itself to focus on inspection of accounts relating to the sector.