Goolsarran calls for measures to end contingencies fund abuse

Abuse of the Contingen-cies Fund needs to be nipped in the bud by putting concrete measures in place, former Auditor-General Anand Goolsarran says.

He made the comments in his Accountability Watch column in Monday’s Stabroek News following the approval by the National Assembly last Thursday of two financial papers totalling $9.6 billion dollars spent during the last PPP/C administration. The two papers were presented by Finance Minister Winston Jordan.

The first financial paper covered an amount of $3.240 billion and relates to the replenishment of the Contingencies Fund based on advances authorised by the former Minister of Finance Ashni Singh during the