CAG TO AUDIT OIL AND GAS COMPANIES

Dar es Salaam: The Controller and Auditor (CAG) will carry a special audit on oil and gas industry.

CAG Mussa Assad said citizens from areas with gas and oil should benefit from companies operating in their locales.

“This sector [oil and gas] is very crucial,” he said, adding “we will make sure they are controlled accordingly to give to the society what it really deserves.”
Assad said his office might fail to compete auditing in some offices following budget deficit.

Despite receive less from treasury; the CAG remains adamant that his office will execute its duties.

“With the little we have we will make sure we implement fruitful projects which will benefit citizen but we will not be able to finish all of projects.”

For this fiscal year the CAG office were scheduled to receive TZS 86 billion but only received TZS 76 an amount which will not be enough for all projects set for this year.