Introduction
As in the case of the retention and use of public moneys by NICIL, the Government’s share of the proceeds from the sale of lottery tickets by the Canadian Bank Note (CBN) is kept in a separate bank account and used to meet public expenditure without Parliamentary approval. This practice has been subject to persistent criticisms from the Auditor General over the years as well as from the Public Accounts Committee (PAC).
This article takes a closer look at the Lotto Funds, especially in the light of the Attorney General’s legal opinion that prompted the Auditor General (Ag.) to cease raising concerns
