Investment committee held 148 sittings in effort to clamp down on financial scams

The National Assembly's Public Investment Committee (PIC) has remained vibrant in discharging its oversight role and recommending prosecution of public officers implicated in various scams.

PIC's mandate is to ensure prudent use of public resources in terms of autonomy and efficiency. The committee also checks whether the affairs of public investments are being managed according to sound financial or business principles.