The Office of the Prime Minister says Petrojam is not being asked to undertake a forensic audit of its own operations or appoint a forensic auditor.
The OPM is clarifying statements made by Permanent Secretary, Sancia Bennett Templer at yesterday’s sitting of Parliament’s Public Accounts Committee, PAC.
In a statement this afternoon, OPM says the portfolio minister is empowered to commission a special audit and appoint an auditor or a firm of auditors to carry out such audit, other than the public body’s auditor.
It says the Prime Minister, Andrew Holness as the Minister with responsibility for Energy, has notified Petrojam of this intent to commission a special forensic audit into the oil losses and to appoint a firm to undertake the forensic audit.
It says Petrojam has submitted to OPM an initial suggested Terms of Reference for the audit, however, this TOR has to go through a review process involving the OPM, the Ministry of Finance and other stakeholders.
OPM is making it clear that no terms of reference has been finalized or approved by the Prime Minister.
It says the selection of the auditor or audit firm will be subject to the applicable procurement guidelines and requirements.
OPM says when the forensic auditor is appointed, it’s expected that their work will run parallel to that of the Petrojam Review Commission and where possible, feed into the considerations of the Petrojam Review Commission.