Prime Minister Kamla Persad-Bissessar has instructed Finance Minister David Tancoo to give the Auditor General authority to audit the accounts of the Central Bank under the Central Bank Act.

Speaking during the second sitting of the House of Representatives at the Red House, Port of Spain, on June 13, Persad-Bissessar said Section 52 of the act says the accounts of the bank shall be audited annually by auditors who shall be appointed by the bank each year with the approval of the minister.

“‘Notwithstanding 52:1, the minister may at any time require the Auditor General to examine and report the accounts of the bank, and the bank shall provide the Auditor General with all necessary and appropriate facilities for an examination.’