Stakeholders in the insurance sector are anxiously waiting for the final audit report of Goldlink Insurance Plc.
KPMG has done its final audit report and submitted it to the board of Goldlink Insurance Plc; and this has been passed to the National Insurance Commission for a final review.
The former directors of the company resigned following anomalies discovered in the audited financial statements of the company for the year ended December 31, 2011.
Although the NAICOM did not suspend the firm, it constituted a seven-member interim board of directors to oversee the affairs of Goldlink Insurance with effect from November 1, 2012 and appointed KPMG to do a forensic audit of the firm.
The interim board was charged with the responsibility of carrying out a full investigation of the financial reports and corporate governance failures observed in the course of reviewing the company’s financial statement for the year ended December 31, 2011.
NAICOM said the development did not in any way affect the capacity of the company to provide dependable insurance services.