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The Comptroller reveals royalties mismanagement

Wednesday, February 20th, 2013 Category: Regulations & Policy

Business magazine Dinero reports that the Comptroller General found irregularities in royalties’ resource management. According to a Comptroller’s report there are US$260Mn at risk in the Caribbean, Central East, Coffee Region, Llanos, Pacific and Central South regions, and projects from the National Royalty Fund in liquidation, for unfinished projects and for projects that do not work or have overruns.

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