A probe into state funds in Sierra Leone has shown that the government can’t account for $1 billion, or more than a quarter of its gross domestic product, in state expenses made over a three-year period.
The funds are missing due to graft and mismanagement under the previous administration, Finance Minister Jacob Jusu Saffa said Tuesday on Star Television. He pledged that the government will recover the funds by June, without specifying how it plans to do so.
President Julius Maada Bio commissioned the audit into public spending from 2015 to 2018 after his election last year, following a campaign in which he vowed to root out corruption in the West African country, whose economy measured $3.7 billion in 2017.
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