Sierra Leone News: Govt. contractors need to be vetted
{Courtsey:AWOKO NEWS} Sierra Leone News: Govt. contractors need to be vetted Michala Mackay The Chief Executive Officer and Registrar, Michala Mackay of the Corporate Affairs Commission (CAC) has called on the Ministry of Finance to vet companies bidding for government contracts, whilst presenting their 2018 budget. She said that the issue of contracts is a big challenge. “Government entities are giving contracts to companies and not crosschecking their status with us; whether they are compliant or not. Some of them will have a share capital of like Le10 million and are given contracts worth billions of Leones. The CAC, she said, will be liaising with authorities to see how they can ensure that part of the procurement process will be. “If a contract is being offered above a certain quantum, it has to be given to a company, because companies are bound by law to follow certain procedures. Companies must submit their audited financial statements so at least MDAs will be in a better positi...