Skip to main content
Commercial newswire·UG·

Resources hinder Office of the Auditor General (OAG) in audit of 11,000 entities

The Office of the Auditor General (OAG) can only audit 4,500 out of 16,000 entities that fall within its mandate because of resource constraints, MPs have been told. The revelation was made during a meeting with officials from the OAG and MPs on the Budget Committee chaired by Hon. Amos Kankunda, on Tuesday, 15 September 2026. During the meeting, Assistant Auditor General, James Bantu, calmed the committee members, with assurances that they audit recoverable costs claimed by oil companies, amid concerns that the US$3.1 billion in claimed costs could significantly reduce Uganda’s future petroleum revenues. “The Office of the Auditor General undertakes audits of the recoverable costs that are incurred by the companies contracted down in the Albertine,” Bantu said. His assurance came after committee members questioned whether the Auditor General’s biannual audits of the Petroleum Fund also cover the costs being accumulated by oil companies and whether sufficient safeguards exist to prevent companies from inflating claims. The issue was raised by Hon. Gyaviira Ssebina Lubowa, (NUP, Nyendo-Mukungwe Division) who pointed to a sharp increase in the recoverable cost figure reported by gove

More from Commercial newswire

The rest of this wire is for subscribers

Every release from this source, the moment it crosses — plus 80+ other newswires, saved searches and instant alerts.

7 days, no card required.

Read releases like this the second they cross the wire.

1,400+ feeds — live on PPN World right now. Every release from this source, the moment it crosses — plus 80+ other newswires, saved searches and instant alerts.

Start the free trial →

Your announcement next? Distribute your press release to the global wires with PPN Source — and track its pickup live here.

PPN Source →
Shared via PPN World — real-time press release intelligence.