Audit Check

Sri Lanka has asked local and international aid agencies to disclose their tsunami-relief operations and sources of funding, saying the information was essential to reduce waste. Sri Lanka has asked local and international aid agencies to disclose their tsunami-relief operations and sources of funding, saying the information was essential to reduce waste. The Finance Ministry in a statement said it was asking all local and foreign non-governmental organisations working on the island to register with the state and give audited financial statements.

It said all such organisations should give details of their tsunami relief and reconstruction plans, sources of funding, annual report and audited accounts and financial statements to the Sri Lankan government.

The ministry did not set a deadline, but said a detailed announcement on the registration procedures would be made shortly.

It said the measure was taken in the interest of “transparency and adherence to best practices” and ensure efficient coordination of relief.

The move came two days after the World Bank (news – web sites) warned that any move to control foreign money flows to the island would be