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Article

10 Nov 2014

Author:
Stuart Lisulo, Post (Zambia)

Zambian auditor general says EITI-backed training will increase office’s competence to audit mining companies, reduce illegality in sector

'Chifungula keen on mining audit', 10 November 2014: Auditor General Anna Chifungula says...illegality and high rates of illicit financial flows in the extractive industry need to be curbed...Parliamentary Public Accounts Committee (PAC) chairperson Vincent Mwale called for [the] involvement of the Auditor General’s office in the mining sector to validate reports they present to the government...to enhance transparency. But Chifungula said her office requires capacity and expertise to audit the mines. “With the help of the Extractive Industries Transparency Initiative (EITI), a number of training interventions are taking place...[with] 22 officers in the revenue department...learning how to carry out that process. Hopefully, around April 2015, we will...be competent and ready to start,” she said. Chifungula said the involvement of her office in auditing mining houses will help reduce illegality in the sector...The MDG report identified Zambia as one of four African countries whose natural resources remain continuously exploited through illicit financial flows...