Sierra Leone Extractive Industry Transparency Initiative

Total Page:16

File Type:pdf, Size:1020Kb

Sierra Leone Extractive Industry Transparency Initiative SIERRA LEONE EXTRACTIVE INDUSTRIES’ TRANSPARENCY INITIATIVE (SLEITI) SLEITI 2013 report FEBURARY 2016 Prepared by: Boas &Associates P. Box At 1367 Achimota-Accra Ghana Mobile: +233 244 326838 E-mail: [email protected] TABLE OF CONTENTS LIST OF ABBREVIATIONS/ACRONYMS .................................................................................................................... i STATEMENT FROM THE INDEPENDENT ADMINISTRATOR .............................................................................. ii EXECUTIVE SUMMARY .............................................................................................................................................iii 1.0: BACKGROUND ...................................................................................................................................................... 1 2.0: APPROACH AND METHODOLOGY .................................................................................................................. 4 3.0: THE EXTRACTIVE SECTOR IN SIERRA LEONE ............................................................................................... 6 3.1 MINING SECTOR .............................................................................................................................................. 6 3.2: OIL AND GAS ................................................................................................................................................... 25 4.0 RECONCILIATION PHASE ................................................................................................................................. 35 4.2 ACTIVITIES UNDERTAKEN AT RECONCILIATION .................................................................................. 47 4.3 RESULTS OF RECONCILIATION .................................................................................................................... 49 4.3.1 DISCREPANCIES ....................................................................................................................................... 53 5.0 OBSERVATIONS AND RECOMMENDATIONS ................................................................................................ 69 5.1 EXTRACTIVE SECTOR PAYMENTS AND NOMENCLATURE ............................................................. 69 6.0: CONCLUSIONS .................................................................................................................................................... 72 APPENDICES…………………………………………………………………………………………………………73 APPENDIX 1: TERMS OF REFERENCE…………………………………………………………………………….74 APPENDIX 2: DETAILS OF RECONCILIATION…………………………………………………………………..81 APPENDIX 3: DETAILS OF 2013 COMPANY PAYMENTS……………………………………………………….92 LIST OF TABLES Table A: Selected companies for 2013 SLEITI report. ................................................................................................ iv Table 3.1: Major operations in the Mining Sector ....................................................................................................... 7 Table 3.2: Royalty Rate for Categories of Mine Products .......................................................................................... 12 Table 3.3: Production and Export values of 5 major companies .............................................................................. 15 Table 3.4: Production and Export Values of bauxite (2010 -2014)........................................................................... 15 Table 3.5: Production and Export Values for Gold (2010-2014) ............................................................................... 16 Table 3.6: Production and Export Values for Iron Ore (2010-2014) ......................................................................... 16 Table 3.7: Production and Export Values for Illmenite (2010-2014) ........................................................................ 17 Table 3.8: Production and Export Values for Rutile (2010-2014) ............................................................................. 17 Table 3.9: Export Volumes and Values for Zircon (2011-2013) ............................................................................... 17 Table 3.10: Production and Export Values for Diamonds (2010-2014) .................................................................... 18 Table 3.11: Percentage Growth in 2013 Exports over 2012 Exports ......................................................................... 18 Table 3.12: Mining Contribution to National Exports (US$000)............................................................................... 19 Table 3.13: Contribution of 2013 Mining Revenues to Total NRA Collections ...................................................... 19 Table 4.1: Summary of reporting parameters for SLEITI 2013 report ..................................................................... 35 Table 4.2: Relevant revenue streams for SLEITI reconciliation report (2013) ......................................................... 37 Table 4.3: Revenue streams for SLEITI 2013 Reconciliation Report. ....................................................................... 41 Table 4.4: Selected companies for 2013 SLEITI report .............................................................................................. 42 Table 4.5: Government Entities and revenue streams for 2013 SLEITI report. ....................................................... 45 Table 4.6: Reconciliation by companies ..................................................................................................................... 52 Table 4.7: Reconciliation by Revenue streams ........................................................................................................... 53 Table 4.8: 2013 Receipt from compancies without reporting templates .................................................................. 54 Table 4.9: Resolutions of discrepancies on Extractive Companies payments ........................................................... 55 SLEITI 2013 RECONCILIATION LIST OF ABBREVIATIONS/ACRONYMS EITI Extractive Industries Transparency Initiative GGDO Government Gold and Diamond Office GoSL Government of Sierra Leone IPAU Integrated Projects Administration Unit MCO Mining Cadastre Office MLGRD Ministry of Local Government and Rural Development MMA Mines and Minerals Act 2009 MMMR Ministry of Mines and Mineral Resources MOFED Ministry of Finance and Economic Development NMA National Minerals Agency PMT Precious Minerals Trading NRA National Revenue Authority SLEITI Sierra Leone Extractive Industries Transparency Initiative SLL Sierra Leone Leone Boas & Associates i | P a g e SLEITI 2013 RECONCILIATION STATEMENT FROM THE INDEPENDENT ADMINISTRATOR The Sierra Leone Extractive Industries’ Transparency Initiative (SLEITI) through the Integrated Projects Administration Unit (IPAU) of the Ministry of Finance and Economic Development procured the services of Messrs Boas & Associates as the Independent Administrator for the 2013 SLEITI EITI reconciliation report. The engagement was made in accordance with the International Standard on Related Services as applicable to agreed upon procedures. The assignment was conducted using procedures as set out in the Terms of Reference attached as Appendix 1 to this report, except where indicated otherwise in the report as well as its appendices. The procedures undertaken were not designed to constitute an audit or review made in accordance with International Standards on Auditing Engagements, and as such we do not provide any assurances other than those expressed in this report. Had we performed additional procedures, other matters would have come to our attention that would have been reported to you. The report is to inform SLEITI on the matters expressed in the Terms of Reference and not for any other purpose. Kwaku Boa-Amponsem Managing Partner Boas & Associates February 8, 2016 Boas & Associates ii | P a g e SLEITI 2013 RECONCILIATION EXECUTIVE SUMMARY The Extractive Industries Transparency Initiative (EITI) is a global standard that promotes transparency and accountability in the oil, gas and mining sectors. Implementing countries are required to produce annual reports that reconcile extractive sector payments to government receipts. In addition to that the standards require the provision of contextual information on the extractive sector. The summary below provides the key contextual information, results of reconciliation and some key findings and recommendations for 2013. OVERVIEW Sectors covered: Mining and Oil/Gas sectors. Licensing Regime: First come first served for mining and competitive bidding/licensing rounds for Oil/Gas. Regulation of the extractive sector: Mining: Mines and Mineral Act (MMA, 2009), National Minerals Agency Act (NMA Act 2012); Income Tax Act 2000, the Mines and Minerals Operational Regulations 2013(Statutory Instrument 12 of 2013) Oil/Gas-Petroleum Exploration and Production Act, 2011. Contribution of Mining sector to GDP in 2013: 2.6% Sustainability of extractive revenues The reserve position of the largest mineral export, iron ore is highly prospective with over 1 billion tonnes including a Probable ore reserve of 539 million tons grading 31.1% Fe, sufficient for over 40 years of mine life. Iron-ore projects are seen as key contributors to Sierra Leone’s GDP growth with over US$ 1bn in exports in 2013 (Bank of Sierra Leone). Decline in international prices of iron ore resulted in slowed GDP Growth in 2014 of 7.1%. Based on ore deposits and on-going mining and
Recommended publications
  • Feburary 2016
    SIERRA LEONE EXTRACTIVE INDUSTRIES’ TRANSPARENCY INITIATIVE (SLEITI) Final REPORT ON SLEITI RECONCILIATION AUDIT (2013) FEBURARY 2016 Prepared by: Boas &Associates P. Box At 1367 Achimota-Accra Ghana Mobile: +233 244 326838 E-mail: [email protected] TABLE OF CONTENTS LIST OF ABBREVIATIONS/ACRONYMS .................................................................................................................... i STATEMENT FROM THE INDEPENDENT ADMINISTRATOR .............................................................................. ii EXECUTIVE SUMMARY .............................................................................................................................................iii 1.0: BACKGROUND ...................................................................................................................................................... 1 2.0: APPROACH AND METHODOLOGY .................................................................................................................. 4 3.0: THE EXTRACTIVE SECTOR IN SIERRA LEONE ............................................................................................... 6 3.1 MINING SECTOR .............................................................................................................................................. 6 3.2: OIL AND GAS ................................................................................................................................................... 25 4.0 RECONCILIATION PHASE ................................................................................................................................
    [Show full text]
  • Local Council Ward Boundary Delimitation Report
    April 2008 NATIONAL ELECTORAL COMMISSION Sierra Leone Local Council Ward Boundary Delimitation Report Volume One February 2008 This page is intentionally left blank TABLE OF CONTENTS Foreword 1 Executive Summary 3 Introduction 5 Stages in the Ward Boundary Delimitation Process 7 Stage One: Establishment of methodology including drafting of regulations 7 Stage Two: Allocation of Local Councils seats to localities 13 Stage Three: Drawing of Boundaries 15 Stage Four: Sensitization of Stakeholders and General Public 16 Stage Five: Implement Ward Boundaries 17 Conclusion 18 APPENDICES A. Database for delimiting wards for the 2008 Local Council Elections 20 B. Methodology for delimiting ward boundaries using GIS technology 21 B1. Brief Explanation of Projection Methodology 22 C. Highest remainder allocation formula for apportioning seats to localities for the Local Council Elections 23 D. List of Tables Allocation of 475 Seats to 19 Local Councils using the highest remainder method 24 25% Population Deviation Range 26 Ward Numbering format 27 Summary Information on Wards 28 E. Local Council Ward Delimitation Maps showing: 81 (i) Wards and Population i (ii) Wards, Chiefdoms and sections EASTERN REGION 1. Kailahun District Council 81 2. Kenema City Council 83 3. Kenema District Council 85 4. Koidu/New Sembehun City Council 87 5. Kono District Council 89 NORTHERN REGION 6. Makeni City Council 91 7. Bombali District Council 93 8. Kambia District Council 95 9. Koinadugu District Council 97 10. Port Loko District Council 99 11. Tonkolili District Council 101 SOUTHERN REGION 12. Bo City Council 103 13. Bo District Council 105 14. Bonthe Municipal Council 107 15.
    [Show full text]
  • IDG AGRI an Unparalleled Timber and Agri- Business Opportunity in West Africa
    IDG AGRI an unparalleled timber and Agri- business opportunity in west africa Investor Presentation March 2014 IDG AGRI Pan-African Food & Fuel Investment opportunity IDG overview Project description „The time has come for African agriculture. Southeast Asia has become crowded, competitive, and expensive for doing agribusiness, chipping away at profit margins. We see higher profit potential in Africa for exports – and for domestic sales.“ New foreign investor in Africa World Bank Report on Agribusiness Africa 2013 2 IDG AGRI Pan-African Food & Fuel The unique investment opportunity • IDG is building a formidable food & fuel leader out of Africa, creating one of the largest palm oil and sugarcane farms across West-Africa. • IDG established outstanding relationships with Presidents, key Ministries, local chiefs and landowners as prerequisite for a sustainable business operation. • IDG acquired more than 300.000 hectares of highly suitable lands in several west-african countries, with initial focus on Sierra Leone and Nigeria. • In Sierra Leone, IDG signed longterm lease concessions for min. 124.000 ha of superior land for palmoil/sugarcane farming and biofuel refinery. • Initial assessment by expert team also evidences rich existence of virgin forrests of Mahagony, African Redwood, African Teak (Iroko), Sapele and some Walnut and Teak. • Lands provide excellent infrastructure access through established main roads and are in proximity to large deep water ports. • Overwhelming local community support for the project. • Wood logging and export permits in Sierra Leone are secured. • The unparalleled are size, the perfect climatic conditions, the high quality of the african soil and hardwood types, the strong access infrastructure, the easy export through near-by ports, the full legitimacy of the operations and the positive local community support confirm the unique business opportunity.
    [Show full text]
  • The Constitution of Sierra Leone Act, 1991
    CONSTITUTIONAL INSTRUMENT SUPPLEMENT TO THE SIERRA LEONE GAZETTE EXTRAORIDARY VOL. CXXXVIII, NO. 16 dated 18th April, 2007 CONSTITUTIONAL INSTRUMENT NO. 5 OF 2007 Published 18th April, 2007 THE CONSTITUTION OF SIERRA LEONE, 1991 (Act No. 6 of 1991) PARLIAMENTARY ELECTIONS (DECLARATION OF CONSTITUENCIES) Short tittle ORDER, 2007 In exercise of the powers conferred upon him by Subsection (1) of section 38 of the Constitution of Sierra Leone 1991, the Electoral Commission hereby makes the following Order:- For the purpose of electing the ordinary Members of Parliament, Division of Sierra Leone Sierra Leone is hereby divided into one hundred and twelve into Constituencies. constituencies as described in the Schedule. 2 3 Name and Code Description SCHEDULE of Constituency EASTERN REGION KAILAHUN DISTRICT Kailahun This Constituency comprises of the whole of upper Bambara and District part of Luawa Chiefdom with the following sections; Gao, Giehun, Costituency DESCRIPTION OF CONSTITUENCIES 2 Lower Kpombali and Mende Buima. Name and Code Description of Constituency (NEC The constituency boundary starts in the northwest where the Chiefdom Const. 002) boundaries of Kpeje Bongre, Luawa and Upper Bambara meet. It follows the northern section boundary of Mende Buima and Giehun, then This constituency comprises of part of Luawa Chiefdom southwestern boundary of Upper Kpombali to meet the Guinea with the following sections: Baoma, Gbela, Luawa boundary. It follows the boundary southwestwards and south to where Foguiya, Mano-Sewallu, Mofindo, and Upper Kpombali. the Dea and Upper Bambara Chiefdom boundaries meet. It continues along the southern boundary of Upper Bambara west to the Chiefdom (NEC Const. The constituency boundary starts along the Guinea/ Sierra Leone boundaries of Kpeje Bongre and Mandu.
    [Show full text]
  • Sierraleone Local Council Ward Boundary Delimitation Report
    NATIONAL ELECTORAL COMMISSION Sierra Leone Local Council Ward Boundary Delimitation Report Volume Two Meets and Bounds April 2008 Table of Contents Preface ii A. Eastern region 1. Kailahun District Council 1 2. Kenema City Council 9 3. Kenema District Council 12 4. Koidu/New Sembehun City Council 22 5. Kono District Council 26 B. Northern Region 1. Makeni City Council 34 2. Bombali District Council 37 3. Kambia District Council 45 4. Koinadugu District Council 51 5. Port Loko District Council 57 6. Tonkolili District Council 66 C. Southern Region 1. Bo City Council 72 2. Bo District Council 75 3. Bonthe Municipal Council 80 4. Bonthe District Council 82 5. Moyamba District Council 86 6. Pujehun District Council 92 D. Western Region 1. Western Area Rural District Council 97 2. Freetown City Council 105 i Preface This part of the report on Electoral Ward Boundaries Delimitation process is a detailed description of each of the 394 Local Council Wards nationwide, comprising of Chiefdoms, Sections, Streets and other prominent features defining ward boundaries. It is the aspect that deals with the legal framework for the approved wards _____________________________ Dr. Christiana A. M Thorpe Chief Electoral Commissioner and Chair ii CONSTITUTIONAL INSTRUMENT No………………………..of 2008 Published: THE LOCAL GOVERNMENT ACT, 2004 (Act No. 1 of 2004) THE KAILAHUN DISTRICT COUNCIL (ESTABLISHMENT OF LOCALITY AND DELIMITATION OF WARDS) Order, 2008 Short title In exercise of the powers conferred upon him by subsection (2) of Section 2 of the Local Government Act, 2004, the President, acting on the recommendation of the Minister of Internal Affairs, Local Government and Rural Development, the Minister of Finance and Economic Development and the National Electoral Commission, hereby makes the following Order:‐ 1.
    [Show full text]
  • The Chiefdoms of Sierra Leone
    The Chiefdoms of Sierra Leone Tristan Reed1 James A. Robinson2 July 15, 2013 1Harvard University, Department of Economics, Littauer Center, 1805 Cambridge Street, Cambridge MA 02138; E-mail: [email protected]. 2Harvard University, Department of Government, IQSS, 1737 Cambridge Street., N309, Cambridge MA 02138; E-mail: [email protected]. Abstract1 In this manuscript, a companion to Acemoglu, Reed and Robinson (2013), we provide a detailed history of Paramount Chieftaincies of Sierra Leone. British colonialism transformed society in the country in 1896 by empowering a set of Paramount Chiefs as the sole authority of local government in the newly created Sierra Leone Protectorate. Only individuals from the designated \ruling families" of a chieftaincy are eligible to become Paramount Chiefs. In 2011, we conducted a survey in of \encyclopedias" (the name given in Sierra Leone to elders who preserve the oral history of the chieftaincy) and the elders in all of the ruling families of all 149 chieftaincies. Contemporary chiefs are current up to May 2011. We used the survey to re- construct the history of the chieftaincy, and each family for as far back as our informants could recall. We then used archives of the Sierra Leone National Archive at Fourah Bay College, as well as Provincial Secretary archives in Kenema, the National Archives in London and available secondary sources to cross-check the results of our survey whenever possible. We are the first to our knowledge to have constructed a comprehensive history of the chieftaincy in Sierra Leone. 1Oral history surveys were conducted by Mohammed C. Bah, Alimamy Bangura, Alieu K.
    [Show full text]
  • A Sub-National Case Study of Liberal Peacebuilding in Sierra Leone and Liberia
    Department of Political Science McGill University Harmonizing Customary Justice with the Rule of Law? A Sub-national Case Study of Liberal Peacebuilding in Sierra Leone and Liberia By Mohamed Sesay A thesis submitted to McGill University in partial fulfilment of requirements for the degree of Doctor of Philosophy (Ph.D.) Mohamed Sesay, 2016 ABSTRACT One of the greatest conundrums facing postwar reconstruction in non-Western countries is the resilience of customary justice systems whose procedural and substantive norms are often inconsistent with international standards. Also, there are concerns that subjecting customary systems to formal regulation may undermine vital conflict resolution mechanisms in these war-torn societies. However, this case study of peacebuilding in Sierra Leone and Liberia finds that primary justice systems interact in complex ways that are both mutually reinforcing and undermining, depending on the particular configuration of institutions, norms, and power in the local sub-national context. In any scenario of formal and informal justice interaction (be it conflictual or cooperative), it matters whether the state justice system is able to deliver accessible, affordable, and credible justice to local populations and whether justice norms are in line with people’s conflict resolution needs, priorities, and expectations. Yet, such interaction between justice institutions and norms is mediated by underlying power dynamics relating to local political authority and access to local resources. These findings were drawn from a six-month fieldwork that included collection of documentary evidence, observation of customary courts, and in-depth interviews with a wide range of stakeholders such as judicial officials, paralegals, traditional authorities, as well as local residents who seek justice in multiple forums.
    [Show full text]
  • 2006 Report on Electoral Constituency
    August 2006 Preface This part of the report on Electoral Constituency Boundaries Delimitation process is a detailed description of each approved constituency. It comprises the chiefdoms, streets and other prominent features defining constituency boundaries. It is the aspect that deals with the legal framework for the approved constituencies. Ms. Christiana A. M. Thorpe (Dr.) Chief Electoral Commissioner and Chairperson. I Table of Contents Page A. Eastern Region…………………..……………………1 1. Kailahun District ……………………………………1 2. Kenema District………………………..……………5 3. Kono District……………………….………………14 B. Northern Region………………………..……………19 1. Bombali District………………….………..………19 2. Kambia District………………………..…..………25 3. Koinadugu District………………………….……31 4. Port Loko District……………………….…………34 5. Tonkolili District……………………………………43 C. Southern District……………………………………47 1. Bo District…………………………..………………47 2. Bonthe District………………………………………54 3. Moyamba District……………….…………………56 4. Pujehun District……………………………………60 D. Western Region………………………….……………64 1. Western Rural …………………….…………….....64 2. Western Urban ………………………………………81 II EASTERN REGION KAILAHUN DISTRICT (01) DESCRIPTION OF CONSTITUENCIES Name & Code Description of Constituency Kailahun District This constituency comprises of part of Luawa chiefdom with the Constituency 1 following sections: Baoma, Gbela, Luawa Foguiya, Mano­Sewallu, Mofindo, and Upper Kpombali. (NEC Const. 001) The constituency boundary starts along the Guinea/Sierra Leone international boundary northeast where the chiefdom boundaries of Kissi Kama and Luawa meet. It follows the Kissi Kama Luawa chiefdom boundary north and generally southeast to the meeting point of Kissi Kama, Luawa and Kissi Tongi chiefdoms. It continues along the Luawa/Kissi Tongi boundary south, east then south to meet the Guinea boundary on the southeastern boundary of Upper Kpombali section in Luawa chiefdom. It continues west wards along the international boundary to the southern boundary of Upper Kpombali section.
    [Show full text]
  • Lubbock Fine
    SIERRA LEONE EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE (SLEITI) RECONCILIATION REPORT FOR THE YEAR 2011 December 2013 Moore Stephens LLP 1 | Page Independent Reconciliation Report for the year ended 31 December 2011 Table of Contents EXECUTIVE SUMMARY......................................................................................... 4 1. INTRODUCTION ............................................................................................ 7 1.1. Extractive Industries Transparency Initiative (EITI) ............................................... 7 1.2. EITI in Sierra Leone ............................................................................................. 7 2. OVERVIEW OF THE EXTRACTIVE SECTOR IN SIERRA LEONE ............... 8 2.1. Mining Sector ....................................................................................................... 8 2.2. Oil and Gas sector ............................................................................................. 10 3. OBJECTIVES, APPROACH & METHODOLOGY OF THE ENGAGEMENT12 3.1. Objectives of the engagement ............................................................................ 12 3.2. Approach & Methodology ................................................................................... 12 4. RECONCILIATION SCOPE.......................................................................... 15 4.1. Payment flows included in the EITI reconciliation ............................................... 15 4.2. Extractive companies involved in the EITI reconciliation
    [Show full text]
  • SIERRA LEONE EXTRACTIVE INDUSTRIES' TRANSPARENCY INITIATIVE (SLEITI) Final REPORT 2016 SIERRA LEONE EITI REPORT June 2016
    SIERRA LEONE EXTRACTIVE INDUSTRIES’ TRANSPARENCY INITIATIVE (SLEITI) final REPORT 2016 SIERRA LEONE EITI REPORT june 2016 PREPARED BY: BOAS & ASSOCIATES P. O. BOX AT 1367 ACHIMOTA-ACCRA GHANA MOBILE: +233 244 326838 EMAIL: [email protected] Table of Contents List of Abbreviations/Acronyms ............................................................................................................... i Statement from the Independent Administrator ........................................................................................ ii Executive Summary ............................................................................................................................... iii 1.0 Background ....................................................................................................................................... 2 1.1 EITI in Sierra Leone ...................................................................................................................... 2 1.2 Objectives and contents of the report .............................................................................................. 3 1.3: Approach and Methodology .......................................................................................................... 4 2.0 Overview of the Extractive Industry in Sierra Leone .......................................................................... 6 2.1 Mining Sector ................................................................................................................................ 6 2.1.1 Large-scale
    [Show full text]
  • 2017 Ward Description, Maps and Population
    NATIONAL ELECTORAL COMMISSION Republic of Sierra Leone Ward Boundary Delimitation Report Volume 3 August, 2017 Foreword The National Electoral Commission (NEC) is submitting this report on the delimitation of constituency and ward boundaries in adherence to its constitutional mandate to delimit electoral constituency and ward boundaries, to be done “not less than five years and not more than seven years”; and complying with the timeline as stipulated in the NEC Electoral Calendar (2015-2019). The report is subject to Parliamentary approval, as enshrined in the 1991 Constitution of Sierra Leone (Act No 6 of 1991); which inter alia states delimitation of electoral boundaries to be done by NEC, while Section 38 (1) empowers the Commission to divide the country into constituencies for the purpose of electing Members of Parliament (MPs) using Single Member First- Past –the Post (FPTP) system. The Local Government Act of 2004, Part 1 –preliminary, assigns the task of drawing wards to NEC; while the Public Elections Act, 2012 (Section 14, sub-sections 1 &2) forms the legal basis for the allocation of council seats and delimitation of wards in Sierra Leone. The Commission appreciates the level of technical assistance, collaboration and cooperation it received from Statistics Sierra Leone (SSL), the Boundary Delimitation Technical Committee (BDTC), the Boundary Delimitation Monitoring Committee (BDMC), donor partners, line Ministries, Departments and Agencies and other key actors in the boundary delimitation exercise. The hiring of a Consultant, Dr Lisa Handley, an internationally renowned Boundary delimitation expert, added credence and credibility to the process as she provided professional advice which assisted in maintaining international standards and best practices.
    [Show full text]
  • Sierra Leone Extractive Industry Transparency Initiative (SLEITI)
    Sierra Leone Extractive Industry Transparency Initiative (SLEITI) DATA RECONCILIATION SERVICES (Grant No: TF093541-SL) First Sierra Leone EITI Reconciliation Report Final Report March 8, 2010 SUBMITTED BY: Verdi Consulting 1593 Spring Hill Road Suite 510 East Vienna, VA 22182 USA Contact Name: Mariama Y. Levy Contact Email:[email protected] Contact Phone: +1-703 584 7780 Contact Facsimile: +1-703 584 7790 Website:www.verdiconsulting.net ii Table of Contents 1 Executive Summary ................................................................................................................. 1 2 Introduction .............................................................................................................................. 5 2.1 Background ..................................................................................................................... 5 2.2 Objectives ....................................................................................................................... 6 2.3 Scope .............................................................................................................................. 6 2.4 Revenue Streams Applied ............................................................................................... 8 2.5 Basis for Selection and Scope Limitations ....................................................................... 8 2.6 Reporting Guidelines ....................................................................................................... 9 2.7 Sources and Contributions
    [Show full text]