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Article

19 Aug 2014

Author:
Awoko

Sierra Leone transparency body prepares to compile report of 2012 extractive industry payments to government

"SLEITI gears up for 2012 EITI Report", 8 Aug 2014: In a release issued by SLEITI...Sierra Leone is in the process of producing its fourth Extractive Industries Transparency Initiative (EITI) report, covering the fiscal year 2012.This is an EITI standard requirement which includes a comprehensive government disclosure of revenues in the extractive industries and all material payments to government by oil, gas and mining companies. In this regards, all government agencies...mining, oil and gas companies are advised to reconcile their financial records, in preparation for production of the 2012 report…Sierra Leone has been a member of the EITI…which promotes transparency and accountability in the mining, oil and gas sectors [since 2006].