Allegation of corruption and financial impropriety involving Officials of the National Investment Commission (NIC).

Case Number
Case Title Allegation of corruption and financial impropriety involving Officials of the National Investment Commission (NIC).
Submitted At August 28, 2017
Case Status
Amount Involved $0.00 USD $0.00 LRD
Jurisdiction Circuit Court
Sector of the Case
Level of Government National
Forms of Corruption
Summary of the Case The LACC, through its investigative team, based on the General Auditing Commission (GAC) report held accountable NIC former Chairman Davis and Comptroller Tunis for US$708, 463.53 vouchers for Fiscal year 2011, of which US$686,985.47 are unsupported, while for fiscal years 2011/2012 payment vouchers for accounting US$796,045.00, of which again US$719,796.00 is without expenditure records
Nature of the Case Hon. Nattey B. Davies, Chairman of the NIC and others allegedly misapplied over Seven Hundred Thousands United States dollars of Government funding. Court has ordered retrial.

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