Audit Finds Finance Ministry Did Not Conduct Risk Assessment Before D582 Million Loan to NAWEC
By Fatou Sillah The National Audit Office has found that the Ministry of Finance failed to conduct or document a required credit risk assessment before extending an on-lent loan of D582.32 million to the National Water and Electricity Company (NAWEC), raising concerns about the government’s oversight of lending to state-owned enterprises. The finding is contained […]
7/20/2026 11:04:55 AM