Region Nine economic ventures fund used for advances to regional officials, contractors – Auditor General’s report

A fund that had been established by Region Nine for economic ventures was also used to provide advances to regional officials, contractors, soldiers and policemen and money is still to be repaid.

The 2011 Auditor General’s Report on the Public Accounts of Guyana noted that the Region Nine (Upper Takutu/Upper Essequibo) administration had established Special Project Fund Account No.688-100-7 at Republic Bank (Guyana) for economic ventures.

According to the report, during the period 1997 to 2008 “contractors, a former Deputy Regional Executive Officer, Vice Chairman and members of the regional democratic Council, Guyana Police Force, and Guyana Defence Force received personal advances”.

A total of $7.541M remained outstanding as of December 31, 2007. As of December 31, 2008, that figure had come down to $7.402M.

When asked about this, the region told the auditors this year that amounts totalling $2.908M pertained to persons who are now dead but that action was still being taken to have all of the outstanding amounts recovered.

The audit office recommended that regional administration redouble efforts to recover the money or have the outstanding amounts cleared.

Comments  

President in security meeting at Lethem

Following an outreach in Lethem today, President David Granger (centre at left side of table) held a  high-level security meeting with a number of officials including Guyana Defence Force Chief of Staff, Brigadier Patrick West (third from right on right side of table) and British security sector reform advisor Russell Combe (second from right on right side of table) among others.

GPL’s Parika centre robbed by armed bandits

The Guyana Power and Light (GPL) says that just after midday today, three armed bandits stormed its Parika Customer Service Centre; robbing the location of all revenues received up until that time, holding the  staff and customers at gun point and disarming a security guard of a gun.

Temporary arrivals terminal at CJIA

The Management of Cheddi Jagan International Airport Corporation (CJIAC) is currently undertaking a massive expansion project  and a Temporary Arrivals Terminal Building was recently constructed.

T&T tourism development company dissolved, 111 lose jobs

Tourism Minister Shamfa Cudjoe announced the decision to close the company. (Trinidad Express) The Tourism Development Company (TDC) has ceased operations.

WPA expresses concern over garbage arrangements

Cevons clearing city garbage WPA STATEMENT ON THE UNRESOLVED ISSUE OF GARBAGE COLLECTION IN THE GEORGETOWN MUNICIPALITY The WPA is deeply concerned that the Georgetown City Council’s inability to honour its financial obligations to Cevons Waste Management and Puran Brothers has the potential of endangering the health and lives of citizens.

Your browser is out-of-date!

Update your browser to view this website correctly.

We built stabroeknews.com using new technology. This makes our website faster, more feature rich and easier to use for 95% of our readers.
Unfortunately, your browser does not support some of these technologies. Click the button below and choose a modern browser to receive our intended user experience.

Update my browser now

×