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.
You can see the effects of climate change and scientists have clearly said what path we have to follow…All of us have a responsibility, all of us, small or large, a moral responsibility.
(Part III) Climate change is no longer an issue of the future. It is here and is staring at us as we witnessed the catastrophic effects of Hurricane Harvey that descended upon Houston, Texas, causing damage estimated at US$90 billion and a death toll of at least 70.
This column has been hesitant to comment on the recent visit to the Houston headquarters of ExxonMobil by five Ministers of the Government, the Petroleum Advisor to the President and two staff members of the Ministry of Natural Resources, until the fact are known as to the purpose for the trip and the source of funding.
A country’s natural resources, such as oil, gas, metals and minerals, belong to its citizens.
Where public resources are concerned or where the public interest is involved, there must be the highest degree of transparency in relation to the actions of both elected and non-elected public officials.
The news out of Nigeria, an oil producing nation, is that the court has ordered the seizure of a luxury apartment block owned by a former Minister of Petroleum Resources bought for US$37.5 allegedly from ill-gotten gains.
(Trump’s departure) doesn’t change the bigger picture: the moral, political, and economic incentives all seem to be aligning in favor of staying with the Paris agreement… It would be a morally criminal act for the world not to do its part.
It is right to save the future for humanity. It is wrong to pollute this earth and destroy the climate life balance.
The Board of the Georgetown Public Hospital Corporation (GPHC) investigated the circumstances surrounding the procurement of drugs and medical supplies early this year in the sum of $632 million.
Last week we began the examination of the Protected Disclosures (Whistleblower) Bill 2015.
This column has been following closely the deliberations of the just concluded symposium at the Guyana Pegasus on “Public Corruption and the Oil Curse”.
Last week, we discussed the concept of a servant-leader and the ten key characteristics underlying such leadership.
The Earth is under threat from so many areas that it is difficult for me to be positive.
In last week’s article, we referred to the two recognized methods of accounting for costs relating to the exploration, development and production of crude oil and natural gas: the “successful efforts” (SE) method and the “full cost” (FC) method.
In our article of 15 May 2017, we referred to the announcement by ExxonMobil of “a world-class resource discovery of 1 billion oil-equivalent barrels” in Guyana’s waters.
The pollution produced by companies which operate in less developed countries in ways they could never do at home, in those countries in which they raise their capital: We note that often the businesses that operate this way are multinationals.
Last week, the authorities in Gambia obtained a court order to freeze and place a temporary hold on all known assets and companies directly linked to former President Yahya Jammeh.
In the news last week, more than 2,000 Tunisians protested in the country’s capital against proposed legislation that would provide amnesty in exchange for reimbursing the embezzled funds for officials being prosecuted for alleged corruption.
The U.S. Embassy in Kenya has suspended approximately US$21 million in assistance to Ministry of Health because of concerns about corruption.
Demerara Waves reported Dr. Kalim Shah, Climate Change and Energy Policy expert, and Professor at Indiana University, as having stated as follows at a recent conference held in Belize: Even though our countries are not responsible for significant greenhouse gas emissions in the global scheme of things, we are experiencing and projected to experience many of the effects of climate change on the frontlines.
… we are conscious of the disproportionate and unruly growth of many cities, which have become unhealthy to live in, not only because of pollution caused by toxic emissions but also as a result of urban chaos, poor transportation, and visual pollution and noise.
During the last week, there were two items making the international news headlines on the corruption front.
Our last two articles dealt with the Integrity Commis-sion, its proposed amendment and revision of the Code of Conduct.
The Kaieteur News carried the results of an interview with Engineer Charles Ceres who expressed the view that contractors executing shabby works should be prosecuted.
Before proceeding with today’s article, there were two news items that deserve brief commentary.
The Transparency Institute Guyana Inc. (TIGI), recently held its fifth annual fundraising dinner.
Of recent, this columnist has been the subject of personal attacks reminiscent of those from during the “Dolphin Scam” that precipitated his premature departure from the Audit Office.
Because of space constraints, there were a few matters which we were unable to cover in last week’s article entitled “We must refrain from distorting the truth and seeking to distort history”.
I was in Berbice last week to conduct a workshop/ seminar on procurement.
Before proceeding with today’s article, a comment on the work of the Public Accounts Committee (PAC) would not be inappropriate.
In the last few days, several controversial procurement issues were highlighted in the media, the latest being the Court battle and subsequent ruling in favour of the Government regarding the award of a contract for $4.6 billion for the Inter-American Development Bank-funded rehabilitation of the Guyana Power and Light’s medium voltage distribution.
During the course of last week, we learnt that the Georgetown City Council was eleven years in arrears in having their accounts audited and reported on.
In our column of 23 January 2017, we had stated that the Cabinet erred in assigning the transactions audit of NICIL to the Auditor General because the latter had given a “clean bill of health” on the accounts of NICIL for the years in question.
Corruption strangles people, communities and nations. It weakens education and health, undermines electoral processes and reinforces injustices by perverting criminal justice systems and the rule of law.
It is incumbent on the DPP to engage the services of special prosecutors whose knowledge, skills and reputation can match those who represent the interest of the accused.
Last week, we reflected on the state of cricket in the 1970s when, weather permitting, we could have watched some 26 games being played in Georgetown on a weekend among the four levels of cricket.
Mr. Speaker, I think it is safe to say that among the several contentious issues that have bedeviled us in this House, few have been as vexed and contentious as the issue of cricket administration.
Before proceeding with today’s article, this column considers it unfortunate the way the present Administration has handled the matter concerning the leasing of the “Red House” to the Cheddi Jagan Research Centre Inc.
It is legally, morally and ethically wrong to deny payments to suppliers or contractors who, in good faith, have supplied goods and services or have satisfactorily executed works… In the final analysis, it is the taxpaying public that must come to the rescue of meeting the financial obligations of the Project which, with careful planning, and a highest possible degree of competitiveness, transparency and accountability, would have resulted in significant cost savings.
In our article of 5 December 2016, we had indicated that we would discuss the Report of the Public Accounts Committee (PAC) on the country’s accounts for the years 2010-2011.
Readers will recall that two Mondays ago, the Minister of Finance presented to the National Assembly the 2017 Estimates of Revenue and Expenditure in accordance with Article 218 of the Constitution.
One hopes that it will be a civilized one, and not one that degenerates into a ruckus or “fish market” scene.
Today is Budget Day. It is an important day since it is the first time in the history of Post-Independence Guyana, and perhaps earlier, that we are having a budget for the fiscal year before the beginning of the year begins.
In our view, missing in the Public Service is a culture embodying a set of core values and standards which are accepted and treated as sacrosanct to the extent that their breach would evoke responses of criticism and even condemnation of violators and insistence that the “right” thing be done.
Last week, we had stated that the Report of the Commission of Inquiry into the Public Service, which was laid in the National Assembly on 24 May 2016, would have been debated by the Assembly.
We became aware of the dissatisfaction with the way the process is managed, the abandonment of the Selection Committee and the lack of transparency and fairness in the selection of awardees.