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<p>(2003). IAMB is an independent oversight body for DFI and its principal role is to ensure transparency and financial accountability of the DFI. The IAMB was operated from the establishment of the DFI on May 22, 2003, until the dissolution of the CPA on June 28, 2004. In October 2004, the audits conducted by IAMB and <a href="page.php?w=KPMG">KPMG</a> revealed the CPA's inadequate accounting system. IAMB failed its oversight process for several months because of procedural disputes and US manipulation. During this time illegal export of petroleum</p><p>
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