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Iraq, Jordan sign UN-backed audit agreement
AMMAN - Iraq has signed a UN-sponsored agreement with the Audit Board of Jordan in a “much-needed step” to modernise the fight against corruption, the UN Developent Programme (UNDP) said in a statement on Tuesday. “Iraq took the first much-needed step towards modernising its public accountability systems with the signing of a partnership agreement between the Supreme Audit Board (SAB) and the Audit Board of Jordan,” it said.

The UNDP described the agreement as a “landmark” scheme and said it would improve Iraq’s audit bureau in its efforts to combat allegations of corruption and financial mismanagement. “In a climate currently clouded by rumours of mismanagement and corruption, the upgrading of SAB’s skills will give the Iraqi population the confidence they need in those who are managing the public purse and inspire a new generation of citizens to trust their government,” the statement said.
Yup, UN rules and Jordanian auditors. A match made in heaven.
The project worth 4.8 million dollars is brokered and financed by UNDP-Iraq through international funding and will take 18 months to be completed, the statement said.

In line with the agreement Jordan will train Iraqi auditors in dealing with money laundering, fraud detection, public procurement and privatisation. According to the UNDP the Iraqi Supreme Audit Board is responsible for the independent financial monitoring of the activities of public and private institutions.
Posted by: Steve White 2006-04-05
http://www.rantburg.com/poparticle.php?ID=147432