GOV’T TREASURY COMMENDS OPPOSITION FOR ‘GHOST’ COMPANIES CALL

Official Court of Arms. Photo credit: Solomon Islands Government.

Official Court of Arms. Photo credit: Solomon Islands Government.

The Ministry of Finance and Treasury has welcomed the call by the Parliamentary Opposition, urging the government to carry out an audit in each of the Government Ministries following numerous claims that ‘ghost’ companies have embezzled millions of dollars from the state coffers.

The Ministry of Finance and Treasury commends the Opposition Leader, Jeremiah Manele, for urging the government to carry out an audit in each of the Government Ministries.

Recently, claims say that local ‘ghost’ companies have embezzled millions of dollars from the government over an unspecified time.

The Ministry says the government and its Ministries are certainly aware and equally concerned that there have been instances of ‘ghost’ companies corruptly gaining financial advantage from the Government.

The Ministry adds the government side is also aware and believe that as businesses grow and the business landscape changes, corrupt business dealings will continue to grow and thus the deterrence of these practices will continue to be a challenge.

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