As longstanding Berbice Cricket Board (BCB) President, Hilbert Foster prepares to step away from the game, he has been issued a directive by the Guyana Cricket Board (GCB) to submit audited financial reports for 2022 and 2023.
This follows the findings from a draft GCB ‘Value for Money’ audit which was conducted on the BCB’s 2020 financial report recently. That audit report, for 2020 and 2021, was conducted and completed by the firm, Chateram Ramdihal Chartered Accounts Professional Services. According to a source within the GCB, the audit unearthed a number of discrepancies which points to impropriety in relation to the handling of the BCB’s finances for that year.
Following those findings, in a letter seen by Stabroek Sport which was issued on December 8th, BCB’s Foster has been ordered to submit the audited financial reports for 2022 and 2023 on or before December 15, 2023.
A source in the GCB told this newspaper that the ‘Value for Money’ audit looked specifically at the balance of the various cricket boards’ income and expenditure. According to them, the BCB could not account for some monies received during the course of 2020.
The ‘Value for Money’ audit was implemented in compliance with the Guyana Cricket Administration Act (GCAA) of 2014 and the National Sports Commission (NSC) Act.
The requested submissions from the BCB have to be made by the stipulated date for admission to the Value for Money Audits to ensure integrity and statutory regulations are met.
Foster, who took over the reins of the BCB in 2018, recently announced his decision to step away from the BCB on social media platform Facebook. He cited health and family time as the driving factors behind his decision.
