The National Entrepreneurship Development Company Limited has been told it needs to urgently submit outstanding financial statements for the last three years.
Chairman of the Joint Select Committee, Wade Mark, raised the concern during a meeting on Wednesday.
The Committee conducted an inquiry into the Audited Financial Statements of NEDCO for the financial year 2017.
It also followed up on the implementation of the recommendations in the Committee’s Tenth Report from the 11th Parliament.
Chairman Mark said the delay by NEDCO, to put forward its financial statements in a timely manner, is not acceptable and should be corrected as soon as possible.
In response NEDCO Chairman, Clary Benn, said the impact of Covid-19 pandemic seriously affected the availability of personnel and material.
However, Chairman Mark cited other companies which were able to get their financial accounts in order during the same period in question.
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