Speaking to media, he has said that the audit was initiated after the withdrawal of the petition filed in court against auditing of Litro Gas Company.
He also pointed out that the Auditor General's Department has the ability to audit only corporations and 50 percent of state-owned enterprises.
He also revealed that although Litro, a subsidiary of the insurance company, is 100 percent a state-owned company, it has not yet been audited.
The Auditor General has stated that the company had earlier filed a petition in the court seeking an injunction after it was decided to conduct an audit.