#Headlines

GTBoard explains D7M difference in Covid-19 funds

Aug 9, 2023, 12:19 PM | Article By: Pa Modou Cham

The Gambia Tourism Board (GT Board) has reacted to an article ‘D.8M covid-19 fund unaccounted for at GT Board’ as published by The Point.
According to GT Board, when the National Audit Officer queried that there was a difference of D7, 821,105.00 from the entire allocation and that it did not know how it was spent. The Management of GT Board explained to the auditor that the amount in question was a deduction from beneficiaries with outstanding balances with GT Board on operational license fee.

"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.