Local

Local July 22, 2014 | 10:57 am

Audit uncovers electric utility morass: Diariolibre.com

Santo Domingo.- The accounting firm KPMG revealed that it "wasn’t able to obtain sufficient and appropriate audit evidence" on the financial statements in 2010 from Dominican Republic’s State-owned Electric Utility (CDEEE), and therefore couldn’t state an opinion.

According to outlet diariolibre.com, the firm began its report with a list of accounting weaknesses, omission... Read more