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FPCD-83-16 1 (1982-10-18)

handle is hein.gao/gaobabmrx0001 and id is 1 raw text is: Accounting Ofice except on by the Office of Congression COMPTROLLER GENERAL OF THE UNITED STATES WASHINGTON D.C. Z0548 tile bJ)4&A -J, -6-- al Relations RELEASED 1 q OCTOBER 18, 1982 B-207873 The Honorable Edward J. Markey Chairman, Subcommittee on Oversight and Investigations Committee on Interior and Insular Affairs House of Representatives Dear Mr. Chairman: Subject: Changes are Needed to Improve the Management of the Bureau of Land Management's Financial Disclosure System (GAO/FPCD-83-16) In response to your February 17, 1982, request, we have reviewed the adequacy of the financial disclosure system and the regulations on conflicts of interest applicable to employees at the Bureau of Land Management (BLM), Department of the Interior. BLM is responsible for managing 417 million acres of public lands and the Outer Continental Shelf. BLM awards leases and liens to private companies to harvest resources (petroleum, min- erals, and timber) from these areas and collects royalties on the resources extracted. BLM also grants rights-of-way for crossing public lands. Our review showed that BLM has not effectively managed its financial disclosure system. Also, BLM has misapplied provis- ions of the Organic Act (43 U.S.C. 11). As a result: --Some employees may be holding questionable financial interests in public lands. --The rationale used in approving employees' financial interests is not adequately documented. --Reviews of most financial statements are made later than required. --Some employees are not filing required disclosure statements. (966086) I, 1II 939llIIII III 119939

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