Tag: Office of the Auditor General
WORC bosses to face PAC grilling
(CNS): The Public Accounts Committee will hold a public hearing from today, Thursday, to 20 June regarding the Office of the Auditor General’s latest performance report, Improving Employment Prospects for Caymanians, May 2024, in which the OAG made ten recommendations, primarily to WORC. Ministry of Labour Chief Officer Wesley Howell, WORC Director Jeremy Scott and […]
CEO bemoans meagre pension for CAL staff
(CNS): Retired Cayman Airways Ltd (CAL) workers are facing a bleak future as the private pensions they accumulated are nowhere near enough to live on and they do not have post-retirement healthcare. Answering a question at the Public Accounts Committee hearing last week from Bernie Bush MP (WBN) about former airline staff struggling on meagre […]
$144M spent in five years helping locals into work
(CNS): The Cayman Islands Government spent close to CI$144 million over five years (2019 to 2023) on efforts to get Caymanians into work, but a report by the Office of the Auditor General found little evidence that any of the various programmes and attempts to remove barriers have actually impacted the unemployment rate. The report […]
PAC to quiz CAL and ministry execs over OAG report
(CNS): The Public Accounts Committee (PAC) will hold a public hearing this Thursday at 10:00am to examine the Office of the Auditor General’s recent performance report, The Efficiency and Effectiveness of Cayman Airways Limited. President and CEO of CAL Fabian Whorms will attend as a witness alongside CAL Board Chair John-Paul Clarke and Ministry of […]
‘Fierce advocate’ leaving after eight years at OAG helm
(CNS): After eight years as auditor general of the Cayman Islands, Sue Winspear will be stepping down from the post before the end of the year. Governor Jane Owen described the first woman to take on the challenging role as “a fierce advocate” who held people to account over the expenditure of public cash. Winspear […]
CIG still dodging CI$2.2B CS retirees healthcare liability
(CNS): At a Public Accounts Committee meeting on Thursday, senior officials once again dodged questions on how and when the Cayman Islands Government proposes to place its liability for the future healthcare needs of retired civil servants squarely on its books. This financial liability is currently only included in supporting notes that form part of […]
CAL needs realistic budget to cover losses, says OAG
(CNS): Between 2018 and 2022, the Cayman Islands Government gave Cayman Airways Limited more than $152.5 million in funding, but each year the money was not enough to cover expenses. Over the same period, it received almost $24 million in supplementary appropriations after total losses of $34 million due to unrealistic budgeting. A new report […]
Ministers paid an average of over $305k per year
(CNS): Members of the Cabinet earned CI$3.3 million, about $305,000 each on average in 2022, the Office of the Auditor General (OAG) has revealed in a new public interest report. Government ministers were not the only senior public sector employees to take home salaries and benefits that the average resident can only dream of; other members […]
PACI spent CI$56k on 2022 Christmas Party
(CNS): Auditor General Sue Winspear has called out the Port Authority of the Cayman Islands (PACI) after it spent an “excessive amount” on a Christmas party last year, many times more than other government entities spent celebrating the festivities. The government limit is $40 per head, and with 166 employees at the end of 2022, […]
CI$8 million spent by CIG outside of rules
(CNS): Although all public bodies must comply with the law when procuring goods and services, Auditor General Sue Winspear revealed in a report made public last week that government departments and public authorities spent more than CI$8 million last year outside of the rules. There were more than fifteen cases where significant amounts of money […]
Over two decades on, CIG still struggles with accounts
(CNS): Auditor General Sue Winspear still has “concerns about the quality of the submitted financial statements” by government entities after hundreds of adjustments and additional disclosures had to be made to the 2022 financials submitted for audit this year. In her latest general report on the Cayman Islands Government’s annual bookkeeping, she also noted failures […]
