Deputy Speaker TAWA Announces Collection and Deposit of 30 Billion Leones into Consolidated Fund

During a significant event at the new Administrative Building in Parliament on July 25th, 2024, Honourable Tawa Conteh, Deputy Speaker of Parliament and head of the Parliamentary Accounts Committee (PAC), made a pivotal announcement regarding the government’s financial oversight and accountability efforts. Honourable Conteh revealed the successful collection and deposit of a substantial 30 billion Leones into the consolidated fund, a move that underscores the government’s commitment to financial transparency and responsible management of public funds.

In his address, Honourable Conteh emphasized the importance of these funds to the government and the necessity for their prudent use. “This money belongs to the government and must be used accountably,” he stated, highlighting the critical need for transparency in handling public resources.

He detailed that significant sums were meticulously deducted from the accounts of several prominent individuals and subsequently transferred to the consolidated account. This action reflects the government’s rigorous efforts to ensure that all financial transactions are above board and that public funds are appropriately managed.

Additionally, Honourable Conteh disclosed that an additional 3.5 billion Leones are currently held in the consolidated fund, further solidifying the government’s financial position. This accumulation of funds is a testament to the ongoing efforts to bolster the country’s financial health and accountability mechanisms.

Honourable Conteh also took the opportunity to clarify the role of the Parliamentary Accounts Committee, emphasizing that their responsibility extends beyond merely receiving documents. “The PAC’s role is not to receive documents,” he asserted, “but to ensure strict adherence to the law and oversee the proper use and management of government funds.” This statement underscores the PAC’s mandate to provide vigilant oversight and ensure that all financial activities are conducted in accordance with established legal standards.

The event at the new Administrative Building was a landmark occasion, reflecting the government’s dedication to enhancing financial governance and fostering a culture of accountability within public institutions. The announcement by Honourable Conteh serves as a powerful reminder of the critical role that transparency and accountability play in the effective management of public resources, and the ongoing efforts to strengthen these principles within Sierra Leone’s financial framework.