Liberia: In the CU Audit Report, Where Did GAC of Liberia Differ With Private Audit Firm, PKF?

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This maiden feature article of The Inquirer Media Weekly column raises a point on a discussion in the media last month, which was centered basically on public accountability and the way people go about handling it. In fact, of late, there has been a growing interest in audit reports in the local media. The Cuttington University audit report was not the only one in the media last month. There was another one, of seemingly greater public interest, on activities of the former Chairman of the Board of NOCAL, but which was taken from a different angle from that of the CU's.

As regards the Cuttington University audit, on Friday, March 21, 2014 The Inquirer and the Daily Observer newspapers reported on the audit report of the General Audit Commission (GAC) of Liberia on Government of Liberia (GOL) subsidies to Cuttington University (CU) between 2006 and 2008. After reading the stories in the two papers, one would ask: Did the GAC not agree with the report of an audit conducted by the world-famous private auditing firm, Parnell Kerr Foster (PKF) International Limited?

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