EDCL’ managing staff appears to PAC

The senior management team of the energy development body labeled EDCL appeared to the Public Accounts Committee to clarify some obscure points pointed out by the General Auditor report of 2014-2015.

The Auditor’s report has shown that the whole capital value of the EDCL does not exceed 1.5 million Frw.

This was the first point mostly debated between the EDCL staff and the PAC members.

The Chair of the PAC Hon Juvenal Nkusi wondered whether that can be a capital value of an institution

Another MP Jean Thierry Karemera asked the members of the REG (being the umbrella of the EUCL and EDCL) to provide details on this controversial issue.

The coordinator of the committee of EDCL said that this capital amount was recorded during the registration period of the institution.

He promised that it will soon be changed and brought to the current capital value of the institution.

The former CEO of the REG Mr Jean Bosco Mugiraneza who attended the hearing as to provide his insights on this matter, told the PAC members that before quitting his post in REG, the institution was 40 billion Frw worthy.

The controversial debate involves the fact that General Auditor’ report reveals that some of the vehicles used by EDCL consumed over 400 liters of oil per day.

UM– USEKE.RW