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PDIC issues new rules for record-keeping, reporting

THE Philippine Deposit Insurance Corp. (PDIC) announced it has recently issued Regulatory Issuance (RI) 2021-01, enjoining banks to implement the “Revised Rules and Regulations on Record-Keeping of Bank Deposits and Reportorial Requirements from Banks.” The state deposit insurer said its most recent RI, which will take effect on February 8,… ....

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PDIC Issues Revised Rules And Regulations On Record-keeping, Reportorial Requirements

State deposit insurer Philippine Deposit Insurance Corporation (PDIC) recently issued Regulatory Issuance (RI) No. 2021-01, enjoining banks to implement the ....

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Devki Group of Companies withdraws bid to lease Mumias Sugar

Devki withdraws from bid to lease Mumias Sugar a day after Sugarcane farmers and politicians asked the government to stop the deal. ....

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Senate Committee adjourns schedule again as it runs on fits and starts in Kisii

THE STANDARD
NATIONAL
Nyamira Governor Amos Nyaribo (centre) leaves Karmel Park Hotel in Kisii town after a meeting with Nyamira MCAs, April 26, 2021. [Sammy Omingo, Standard]
Senate’s Public Investments and Accounts Committee was on fits and starts in South Nyanza for a second day yesterday after it adjourned business for a second time following inadequacies of parties’ subject to it.
On Tuesday, the Committee could not carry out physical inspection of three county projects in Nyamira which were part of the query contained in the Auditor General’s 2018/19 Financial Audit Report after it rained, hampering the activity.
The rains came down immediately after the senators had paid Governor Amos Nyaribo a courtesy call. The visitation that failed was to follow the courtesy call, but the legislators had to jump it and proceed to their hotel in Kisii Town. ....

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Kerala Assembly passes motion to reject C&AG report on KIIB

Kerala Assembly passes motion to reject C&AG report on KIIFB
ANI |
Updated: Jan 22, 2021 15:53 IST
Thiruvananthapuram (Kerala) [India], January 22 (ANI): Amidst strong opposition from United Democratic Front (UDF), an unprecedented resolution presented by Kerala Chief Minister Pinarayi Vijayan against Comptroller & Auditor General s (C&AG) report was passed by Kerala Assembly here on Friday through the vote on account.
Moving the resolution under Rule 118 in the Kerala Assembly, the Chief Minister said, There are rules and regulations in place to conduct C&AGaudit. What happens if you consciously override the procedures that have been in place for ages?
The resolution rejected the remarks regarding Kerala Infrastructure Investment Fund Board (KIIFB) from Page no 41 to 43 of the state financial audit report of the C&AG. ....

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