The Chief Executive Officer of the Pacific Association of Supreme Audit Institutions (PASAI) Mr Tiofilusi Tiueti and the PASAI Advocate Mr Eroni Vatuloka presented on PASAI’s achievements at the ADB Headquarters in Manila Philippines on 26 and 27 October 2016. ADB celebrates 50 years of operations in the Asia and the Pacific region and the presentation highlighted ADB’s partnership with PASAI in their quest for improved governance, transparency, and accountability and in fighting fraud and corruption in the region.
The PASAI team presented at the Pacific Talk for staff of the Pacific Department and at the Insight Thursday, to the wider ADB audience. Both presentations were well-attended. The Team was asked about the challenges on getting quality accounts audited on time especially project audits and how PASAI was addressing those problems; the relationship with the private sector auditors apart from outsourcing; the involvement of other international and regional bodies and the use of international best practices and standards; and the independence of the audit institutions.
The Team also met with relevant offices of the Bank and with Executive Directors who expressed interest and appreciation of the collective work of PASAI and its members. Mr James Lynch, the Deputy Director General of the Pacific Department remarked, “the regional initiative through PASAI is one of the few technical assistance that shows commendable results and believed that the visit by PASAI has been very productive.”
PASAI acknowledges the valued support by the ADB Pacific Department for the successful visit.