Over 800 million birr is unaudited: OFAG

ESAT News

April 23, 2014

In its report of the past fiscal year to the Parliament, the Office of the Federal Auditor General of Ethiopia (OFAG) said that eight hundred eighty-seven million forty-five thousand two hundred sixty four Ethiopian birr has been unaccounted in over 77 governmental organisations.

A financial management sample study conducted on five government organisations, a deficit of one million birr has also been found.

It is to be recalled that last year, in a similar investigation a financial deficit amounting three billion birr was found in the Ethiopian Ministry of Defense.

It has so far been impossible to establish how this financial gap may have been solved.