- The private external auditors do not carry out performance audits, but only the income and expense
- According to SLASA President, the 18th Amendment enables the AG to audit only the accounts of these Private Limited Companies, but not performance audits
- According to Ambanwala, the powerful Audit Service Commission was established under Article 153 and 154 of the Constitution
- Through the 19th Amendment the AG received the powers to recover state funds swindled by Local Government authorities
The anticipated plan to curtail the scope of the Auditor General’s duties and functions through the proposed 20th Amendment to the Constitution, is aimed at allowing politicians and their cronies to misappropriate state funds to their whims and fancies says the Sri Lanka Audit Service Association.
Before the 19th Amendment was passed, the Auditor General’s (AG) Department was barred from carrying out audits in 117 Public Limited Companies which are registered under the Companies Act No: 7 of 2007. The Government has invested more than a trillion rupees in these institutions, but the reason to prevent Government audits being carried out through the proposed 20th Amendment has raised concern among law abiding citizens of the country.