The First Sierra Leone EITI reconciliation undertaken is one component of a larger effort to achieve EITI validation. The path to this first data reconciliation effort involved difficult decisions reflecting local challenges to meet EITI standards. The task was performed by an independent Reconciler, Verdi Consulting, Inc (USA) together with their subcontractor Grant Thornton, LLP.
The reconciliation covers the fiscal period from January 2006, to December 2007, and was conducted on disaggregated basis and on a cash basis of accounting. It must be noted that while supporting documentation of all payments and receipts were requested and reviewed, the results of the reconciliation do not constitute an audit as defined by professional bodies.
The SLEITI Committee/MSG's initiative continues its effort toward EITI validation. This report reflects a concerted effort of all stakeholders particularly the assistance from The Ministry of Presidential and Public Affairs, especially Messrs. Moray Kebe and Kenei Lamin, who assertively involved all stakeholders. In addition, efforts were recognized from the multi-stakeholder group of Mining Companies, and Government Agency representatives, the Paramount Chiefs, Civil Society including the media, the Ministers of Presidential Affairs, Mineral Resources and Finance, The World Bank and other Development Partners, who collectively showed their commitment to complete the exercise.