Prime Minister Moses Nagamootoo today said that nearly $500M was transferred to the National Communications Network and the Government Information Agency by the former administration without parliamentary approval.
“I am stunned, I have just seen a document where purportedly the former government transferred almost $500M to NCN and GINA and in all the reports I have for a certain period I am still trying to figure out where this money gone,” Nagamootoo stated during the post cabinet briefing at the Ministry of the Presidency.
The Prime Minister who is also the Minister of Information said that NCN was a government entity that was in need of fine-tooth scrutiny.
as he alluded to findings in the still to be public NCN Parmesar report into financial irregularities which implicated top officials at the state broadcaster in 2012. Nagamootoo also addressed his Office’s most recent troubles with definitively pronouncing on the millions worth of uplink equipment found in an NCN storeroom a few weeks ago.
“This is one entity that needs a lot of scrutiny, needs a big brush to clean it up,” the Prime Minister stated.
