Maldives State-Owned Companies Need Accounts for Audits

News Analysis: A possibility of profligate or unauthorized spending might be assumed by an accounting body where a ‘paper trail’ does not exist. In the instant case, the reluctance to provide essential data to the accountants, ensures the lack of transparency. In such an event, to ‘suspect the worse’ is not illogical when it comes to monies the companies control. Trust, but verify.

Reference: http://www.haveeru.com.mv/auditor_general/50745