Friday, September 22

GTBoard explains D7M difference in Covid-19 funds

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Edition: Wednesday, August 9, 2023 at 1:52 PM

“The differences are due to the deduction done on some of the beneficiaries with outstanding balances with GT Board on operational license fee from 2019 and below,” the GT Board responded to the auditors. 

Prior to this Management Response, the audit report indicated that no explanation was provided to account for this difference. 

However, the Board insisted that the report doesn’t say the differences were uncounted for as outlined by The Point while emphasising that they have responded to the findings on this matter.            

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