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Warmington & Opposition Members Of PAC Question Oil Refinery's Role In Forensic Audit

Government junior minister Everald Warmington yesterday strongly cautioned against putting Petrojam in charge of the process for a forensic audit of the circumstances surrounding the $5.2 billion worth of oil loss at the refinery between 2013 and 2018.

Warmington joined Opposition members of the Public Accounts Committee (PAC) in rejecting the decision to have Petrojam, which has been mired in a corruption scandal over the past several months, integrally involved in the auditing project.

He said the move was illogical and should not have been conceived in the first place.
The audit was ordered by Prime Minister Andrew Holness after Auditor General Pamela Monroe Ellis, in her report from an investigation into the State oil refinery and aspects of its parent company, Petroleum Corporation of Jamaica (PCJ), highlighted that over 600,000 barrels of oil were unaccounted for during the six-year period.

Yesterday, permanent secretary in the Office of the Prime Minister, Sancia Bennett Templer reported to the PAC that the terms of reference for the audit had been completed by Petrojam and is to be put to public tender. She said the procurement process should take between three and four months. The PAC was reviewing the findings in the report.