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Integrity Commission, MOCA make submissions on terms of reference for audit into Petrojam oil spill

Energy Minister Fayval Williams
 
Energy Minister Fayval Williams has said the Integrity Commission and the Major Organised Crime and Anti-corruption Agency (MOCA) are among those that have made submissions on the terms of reference for the forensic audit of oil losses at Petrojam.
 
As was reported by RJR News earlier this month, only four responses were received by the Energy Ministry in the more than one month period during which it invited comments on the draft terms of reference.
 
On Tuesday, Mrs Williams told the House of Representatives that the other responses were received from the Jamaica Association of  Petroleum Marketers and the Jamaica Gasoline Retailers Association.
 
Prime Minister Andrew Holness ordered the audit following revelations that Petrojam was unable to account for more than 600,000 barrels of oil worth more than $5 billion over a five year period.
 
The Auditor General will oversee procurement of the forensic auditor for the job. 
 
In the meantime, Mrs Williams said accountability at Petrojam has improved since the compulsory aquisition of Venezuela's 49 per cent share in the company. 
 


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