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. |