Buchanan, Grand Bassa County – An audit report by the General Auditing Commission (GAC) has established that there were several irregularities in the sale of scrapped irons by the administration of Grand Bassa County between June 2014 and July 2016. “US$89,203.00 generated from the sales of scrap metals to African Business Import & Export and Varney Scrap Group/ North Star was not reflected in the county accounting records. The report stated that during the period, Grand Bassa County Administration made payments amounting to US$95,000.00 from the scrap account without adequate supporting documentation. Many students seeking financial aid in Grand Bassa were optimistic that the sale of the scrap would have helped them acquire education. “Importantly, confirmation revealed that 807.46 tons of scrap metals were lifted by vendors and were not disclosed to the GAC by the County Administration,” the audit report added.

Source: Front Page Africa February 15, 2017 01:50 UTC