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General News of Thursday, 27 February 2020

Source: universnewsroom.com

UG SRC General Assembly postpones audit meeting for the second time

University of Ghana, SRC University of Ghana, SRC

The leadership of the General Assembly of the University of Ghana Students Representative Council (UGSRC) has for the second time postponed its meeting to probe the findings of the Audit Committee.

On February 7, 2020, the Assembly resolved to subject the Financial Statement of the SRC to a second auditing process.

The decision follows discrepancies observed in the statement presented to the house.

Also, members of the house identified some expenses that had not been sanctioned by the General Assembly.

Subsequently, a motion was moved by the house to refer the financial statement to the audit board.

The motion further tasked the Audit Committee to probe the unsanctioned expenses and where applicable surcharge the monies.

The house also stipulated a seven-day period to the committee to carry out its ‘re-auditing’.

The First Meeting

The house was expected to reconvene on February 14, 2020, after the 7-day ultimatum granted the Audit Committee had elapsed.

However, this was not to be as the meeting was called off in the nick of time.

The Second Meeting

Once again, the meeting expected to take place on February 17 has been called-off.

The leadership of the house has not yet released an official statement to that effect.

Findings of the Audit Committee

Meanwhile, Univers News understands that the Auditing Committee has exonerated the committee of any wrongdoing.