Millions have been outstanding to the National Frequency Management Unit (NFMU) from two cable companies with close ties to the former PPP/C government, according to forensic auditor Ram and McRae.
In a report released yesterday on the Ministry of Finance website, Ram and McRae also said that the NFMU failed to establish a long-term frequency management policy and failed to set up technical standards appropriate to Guyana. The auditor said that a review of files showed that E-Networks and Quark Inc – controlled by persons with strong political connections to the former PPP/C government – were not invoiced on a timely basis and ignored NFMU’s invoices for long periods.
The audit report added that the previous administration did not alter the current fees structure to
