Last week, we began a discussion of the 2017 Auditor General’s report. So far, we examined the overall opinion given on the country’s accounts and felt that greater care needs to be exercised to ensure that such opinion is supported by adequate audit evidence.
The Auditor General completed his audit of the Government’s accounts for the year ended 31 December 2017.
The debate on conflict of interest has once again surfaced in the news.
If corruption is a disease, transparency is an essential part of its treatment.
On 18 September 2017, the Public Procurement Commission (PPC) received a request from the political opposition to investigate the award of the contract to LievenseCSO for the conduct of a feasibility study and design of the proposed New Demerara Bridge.
We had refrained from any commentary on the recent incident involving a sitting Minister of the Government, to allow for the police to carry out their investigation.
Last week, we began a discussion on the article published in the New York Times on 20 July 2018 under the caption “The $20 Billion Question for Guyana”.
The article dated 20 July 2018 appearing in the New York Times under the caption “The $20 Billion Question for Guyana” has generated quite a reaction locally for its portrayal of what most Guyanese would consider an unfair assessment of the state of affairs of Guyana and of its peoples.
Over the last two weeks or so, the print media have been carrying reports of another apparent irregularity in the procurement of drugs and medical supplies at the Ministry of Public Health.
The Berbice Bridge Company Inc. (BBCI) featured prominently in last week’s news, following a media briefing by board officials at which the urgent need for the approval of increases in toll fees for vehicles and vessels using the Bridge, was highlighted.
Two weeks ago, the police in Malaysia raided 12 properties linked to former Prime Minister Najib Razak in a money-laundering investigation.
On 26 June 2018, the Caribbean Court of Justice (CCJ) issued a media release under the caption ‘CCJ Rules Two Terms only for Presidents of Guyana’.
Last week, we discussed the concept of Public Private Partnerships (P3s) by providing a broad perspective of what a P3 arrangement is about; how it differs from privatization; the rationale for entering into P3 arrangements; its advantages and disadvantages; and the various models of P3s.
Introduction Last week, we discussed the Privatisation Policy Framework Paper that was prepared in 1993 to guide the privatization that the Government had embarked on in 1988 as part of the Economic Recovery Programme entered into with International Monetary Fund.
Last week, we discussed the End of Year report for 2017, prepared by the Ministry of Finance.
Anyone who wants to tackle corruption must be willing to go all the way.
In our column of 6 May 2018, we emphasised the importance of procurement planning and highlighted the key factors contributing to leakages in our procurement system.
Last Wednesday’s lead article in the Guyana Times newspaper carried the headline “NICIL under APNU/AFC Govt still retains billions in dividends – source”.
In our article of 23 April 2018, we discussed Guyana’s Budget Transparency Action Plan (BTAP) that the Government had developed in 2015.
Last week, we discussed Guyana’s Budget Transparency Action Plan (BTAP) that the Government had developed in 2015 with the objective of improving the budget process and more generally of enhancing transparency and accountability.
In our article of 9 April 2018, we had urged the Public Accounts Committee (PAC) “to continue its efforts to bring its examination of the public accounts up-to-date and to impress upon the Administration the importance of having all the actions contained in the BTAP (Budget Transparency Action Plan) undertaken with expedition, especially as they relate to the accountability timeframe”.
I will not pay bribes, I will not seek bribes, I will work with others to campaign against corruption, I will speak out against corruption and report on abuse, I will only support candidates for public office who say no to corruption and demonstrate transparency, integrity and accountability.
The essential fact is that this Committee is a Committee of the House responsible to the House as a whole, and is not a battleground for party faction….
During a recent hearing on the examination of the 2016 public accounts, the Public Accounts Committee (PAC) questioned the Regional Executive Officer (REO) of Region 2 on the use of some $250 million from the Region’s current appropriation for 2017 to finance the cost of several projects of a capital nature, without the requisite approval.
The good news is that the authorities have decided to place into the Consolidated Fund the signature bonus of US$18 million that it received from ExxonMobil, and whenever the funds are needed parliamentary approval will be sought, presumably via a Supplementary Estimate.
uMuntu ngumuntu ngabantu; Motho ke motho ka batho – I am because you are; you are because we are.
17 Basic Principles of Corporate Governance Leadership, ethics and corporate citizenship 1. The governing body should lead ethically and effectively.
Before proceeding with today’s article, we refer to the Government’s announcement that nine companies are interested in the allocation of the remaining oil blocks and that it is exploring options for both direct engagement and selective bidding.
The authorities have decided to remove the Guyana Sugar Corporation (GUYSUCO) from the portfolio of entities under the Ministry of Agriculture and place it under the Ministry of Finance via the National Industrial and Commercial Investments Ltd.
Guyana has moved four points up on the Corruption Perceptions Index (CPI) for 2017, from 34 to 38, with a ranking of 91 out of 180 countries surveyed.
Last week, we highlighted the key provisions of the Petroleum Commission Bill 2017 which has been referred to a Select Committee of the National Assembly for detailed scrutiny.
The legitimate authority for the collection of all State revenues is the GRA, and no Minister or official should have the discretion to decide what amount of such revenue should be transferred to the Consolidated Fund.
Last week, we carried our second article highlighting the key findings and recommendations contained in the International Monetary Fund (IMF) report entitled “Guyana: A reform Agenda for Petroleum Taxation and Revenue Management” dated November 2017.
Last week, we began to highlight the key findings contained in the IMF report entitled “Guyana: A reform Agenda for Petroleum Taxation and Revenue Manage-ment” dated November 2017.
In last week’s article, we mentioned some of the key findings contained in the IMF report entitled “Guyana: A reform Agenda for Petroleum Taxation and Revenue Management”, dated November 2017.
Accountability Watch welcomes last Thursday’s release of the agreement between ExxonMobil’s subsidiaries and the Government of Guyana, notwithstanding that it was not a voluntary act on the latter’s part.
The Conflict of Interest and Ethics Commissioner of Canada has found that Prime Minister Justin Trudeau violated some provisions of the Conflict of Interest Act when he vacationed last Christmas season on a private island owned by the Aga Khan, including the use of the Agha Khan’s private helicopter.
In our last article, we referred to the US$18 million signing bonus that the Government received from ExxonMobil.
We must all express our gratitude and appreciation to Mr. Christopher Ram for disclosing that the Government was in receipt of a signing bonus of US$20 million from ExxonMobil.
Last week, we concluded out review of the report of the Public Procurement Commission (PPC) on the procurement of $632 million worth of drugs and medical supplies for the Georgetown Public Hospital Corpora-tion (GPHC).
Last week, we began a discussion of the report of the Public Procurement Commission (PPC) on the procurement of pharmaceuticals for the Georgetown Public Hospital Corporation (GPHC).
This is our fourth article for the year on the procurement of pharmaceuticals for the Georgetown Public Hospital Corporation (GPHC).
Last Monday, the United Nations Framework Convention on Climate Change began its meeting in Bonn, Germany, mainly to review progress made since the 2016 Paris Agreement on climate change to which 197 countries are signatories.
This article is based on a presentation that I made at Moray House last Thursday evening.
A few weeks ago, I made a presentation on behalf of the Transparency Institute Guyana Inc.
At a recent function to rename the Centre of Caribbean Studies at the University of Warwick in honour of our renowned business icon Yesu Persaud, I met Mr.
Audit is not an end in itself, but an indispensable part of a regulatory system whose aim is to reveal deviations from accepted standards and violations of the principles of legality, efficiency, effectiveness and economy of financial management early enough to make it possible to take corrective action in individual cases, to make those accountable accept responsibility, to obtain compensation, or to take steps to prevent or at least render more difficult, such breaches.
The Audit Office of Guyana was established in 1884 as a Colonial Audit Department.
Another iceberg about four and a half times the size of Manhattan and measuring some 103 square miles in surface area, has broken off Antarctica.
Last Wednesday, the cities of San Francisco and Oakland in California filed separate lawsuits against five oil companies – ExxonMobil, Chevron, ConocoPhillips, BP and Royal Dutch Shell – seeking compensation to protect them against rising sea levels which they blame on climate change.