TAGI to provide Financial Auditing Services to MCA-Jordan

Press release

Published February 20th, 2012 - 06:19 GMT

Al Bawaba

Talal Abu-Ghazaleh & Co International (TAGI) signed an agreement with Millennium Challenge Account – Jordan (MCA-Jordan) to provide financial audit services for the Years 2009-2012.

The audit will be conducted on three major projects of MCA-Jordan: the Water Network Project with an estimated cost of $102 million to restructure and rehabilitate water networks in Zarqa and Russeifa cities, the Wastewater Network Project ($58 million) to expand and rehabilitate the wastewater network to increase the amount of wastewater collected for treatment, increases households access to the network, and reduces sewage overflow and As-Samra Expansion Project ($93 million).

The MCC resources is funded by Millennium Challenge Corporation (MCC) and managed by Millennium Challenge Account - MCA-Jordan.

Mr. Mustafa Nasereddin, TAGI executive director said:"We are really excited to start presenting our services to MCA-Jordan. We believe this cooperation will have a great impact for future collaboration. We thank them for their confidence in our work and services."

Meanwhile, MCA-Jordan CEO Eng. Kamal Zoubi said: “Talal Abu-Ghazaleh & Co International was selected as our company’s auditor through a transparent tendering process managed by the Government Tenders Department, MCA-Jordan’s procurement agent. Talal Abu-Ghazaleh Organization will perform financial audit of MCC resources and producing reports that confirm to MCC’s standards and requirements. Rather than conducting it once, the audit will take place biannually to ensure more accuracy and control."

Background Information

Talal Abu-Ghazaleh Organization

The Talal Abu-Ghazaleh Global (TAG.Global) is the largest global group of professional service firms in the fields of Accounting , External Audit, Internal Audit, Corporate Governance, Taxation, Educational Consultancy, Economic and Strategic Studies, Management Advisory Services, Professional and Technical Training, Technology Transfer Project Management, Real Estate Management, Investors and Business Advisory Services, Human Resources and Recruitment Services, E-Government, E-Commerce, E-Education, IT and Security Audit, Web Design, Professional Interpretation and Translation, Website Arabization, Domain Names Registration, ICT Strategic Planning, ERP Consulting Services, IT and Internet Skills Training and Examinations, Intellectual Property News Agency, IP Business and Asset Valuation and Branding Services, IP Registration and Protection, Intellectual Property Renewals, IPR Protection and Management, Legal Services, and Public Offering.