Audit Bureau: Monetary oversight is an unique constitutional jurisdiction for us, and no different social gathering might train it

by times news cr

2024-06-05 08:49:44

The Audit Bureau affirmed its unique jurisdiction for monetary oversight of all types, referring to the ruling of the Constitutional Courtroom to invalidate Regulation No. 2 of 2023 concerning including some provisions to ascertain the Oversight Authority and assigning oversight of all revenues and expenditures to the Audit Bureau, as it’s a constitutional establishment.

In a letter addressed by the Bureau to the Prime Minister, the Central Financial institution of Libya, and the heads of public our bodies, departments, companies, and firms, the Bureau confirmed its oversight of contracts to which the federal government, its departments, and the our bodies and establishments topic to its supervision are a celebration, together with the phases of implementing these contracts.

The Bureau confused that no different social gathering might train oversight jurisdiction, in step with the foundations of jurisdiction. To stop duplication of procedures and the ensuing instability of authorized facilities.

The Bureau indicated that its jurisdiction prevents different our bodies and establishments from exercising it, as it’s an inalienable constitutional jurisdiction and can’t be derogated from.

The Bureau identified that its oversight consists of prior oversight of contracts and different monetary transactions to keep away from monetary violations earlier than they happen, along with subsequent oversight that reveals transgressions and monetary violations, and accompanying oversight that accompanies implementation to establish the face of its deviation and the supply of its shortcomings with the intention to appropriate it.

The Bureau referred to as on the official authorities to stick to the courtroom’s ruling concerning the Bureau’s sole jurisdiction over monetary oversight, in software of the right legislation and respect for the rulings of the judiciary, as he put it.

Supply: Libyan Audit Bureau


2024-06-05 08:49:44

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