Search Results for 'OFREG Auditor general'
CIG gets failing grade on managing public cash
(CNS): It’s now over two years since the Office of the Auditor General, supported by the Public Accounts Committee, made over thirty recommendations to the Cayman Islands Government on how to improve its budgeting process and management of public spending. But only two recommendations have been implemented. The finance ministry has made little progress and […]
Rules needed on post-election horsetrading and speaker’s role
(CNS): The Constitutional Commission has issued a number of recommendations, including introducing more robust rules relating to the formation of a government in the aftermath of an unclear election and rules to preserve the impartiality of the speaker’s position. Alongside the process of how a government should take shape, the commission questioned whether a speaker […]
Payments to CPA members increased by Cabinet
(CNS): The Central Planning Authority members will now be getting more money for attending their fortnightly meetings, according to a summary of the Cabinet meeting held on Tuesday, 12 April. There was no indication as to what the members were receiving before this increase but the ministers agreed to up the stipend so that the […]
CS bosses drag their feet over PAC feedback
(CNS): Auditor General Sue Winspear has raised concerns that senior civil servants are falling behind when it comes to responding to Public Accounts Committee reports. While she noted improvements in implementing past recommendations made by PAC, based on reports from her office, she warned that the failure to produce a formal response to the committee […]
35 public audits meet deadline but legacy issues roll on
(CNS): The auditor general, Sue Winspear, has confirmed that the financial audits of 35 public sector entities were completed and all received unqualified audit opinions by the statutory deadline of 30 April. This represents a significant improvement on public sector financial reporting from days gone by, and Winspear highlighted the work of the outgoing Public […]
Mac goes on attack against PAC chairman
(CNS): Speaker McKeeva Bush courted even more controversy on Monday, when he went on the attack against the Public Accounts Committee chairman. As he sought to justify his recent decision to withhold a report by PAC, he questioned why Ezzard Miller was still holding the position when he was no longer a member of the […]
AG: Speaker has no authority to block report
(CNS): Legal advice from the Attorney General’s Chambers released by the Public Accounts Committee shows that Speaker McKeeva Bush had no authority to block a report about OfReg last week. Attorney General Samuel Bulgin signed the advice, which stated that there is no provision in either the Constitution or Standing Orders that requires the speaker […]
Fuel suppliers dominate consultation
(CNS): Only two private individuals contributed to OfReg’s consultation exercise on consumer protection rules for the fuel sector, according to details released by the regulators. Despite broad concern about fuel prices and standards here, the public discussion was dominated by the suppliers, SOL and Rubis, both of which suggested that new regulations would push up […]
Suppliers blame cost of living for pump prices
(CNS): The irony of claims by the two major wholesalers of fuel in Cayman that the cost of living here was causing high gas prices was not lost on Public Accounts Committee Chair Ezzard Miller on Wednesday. Pierre Magnan, president of the Sol Group, and Nicolas de Breyne, VP of Rubis, both blamed fixed costs […]
PAC strikes record of Pierson’s claims
(CNS) UPDATED WITH VIDEO: The Public Accounts Committee has struck from its records allegations made by the chairperson of the OfReg board about the auditor general’s report on the regulator, which were made during the hearings last week. Claims made by Linford Pierson that the audit was inaccurate in several areas were refuted on Thursday […]
