Parliament probes Shs11.3t oil cost recovery claims by oil companies

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Parliament has launched investigations into more than $3.1 billion (Shs11.3 trillion) in costs claimed by oil companies for recovery, with the Auditor General assuring lawmakers that every claim submitted under Uganda’s petroleum agreements is subjected to an annual audit before it can qualify for recovery. Appearing before Parliament’s Committee on Budget on Tuesday, James Bantu, […]The post Parliament probes Shs11.3t oil cost recovery claims by oil companies appeared first on Eagle Online.