Restructuring of Internal Audit and Establishment of Examination Office

The restructuring of the Internal Audit Department was guided by the Public Finance
Management Act Regulation 162(2). In addition, these was also guided by the Chancellor’s
Visitation Panel whereby in the committee report dated August 2018, that Internal Audit was
previously dedicating a lot of time on pre-audit of documents, which occupied on average 94%
of the Internal Audit working hours.