MPs Reprimand BTO For Unaudited Numbers
Monday, October 18, 2021 | 980 Views |
Parliamentarians felt BTO is in shambles pointing out that they are failing to supervise their subsidiaries to meet obligations on time and have been operating for some time without a substantive chief executive officer. They said this has weighed heavily on the organisation, which has not been able to submit the audited books. BTO recently appeared before the committee with financials that were not audited for the year ending March 31, 2020, but rather submitted the unaudited ones going against Parliament’s request.
The chairperson of the committee, Nevah Thabang said BTO was not compliant and they cannot discuss the unaudited financial statement. He said it will be hard for them to see if the organisation has improved or not. “We clearly stated we want the audited financial statement in writing and you never responded to show if BTO had a problem.
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