Tag: Office of the Auditor General

CIG still dodging CI$2.2B CS retirees healthcare liability

CIG still dodging CI$2.2B CS retirees healthcare liability

| 15/03/2024 | 51 Comments

(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 […]

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CAL needs realistic budget to cover losses, says OAG

CAL needs realistic budget to cover losses, says OAG

| 12/03/2024 | 65 Comments

(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 […]

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Ministers paid an average of over $305k per year

Ministers paid an average of over $305k per year

| 27/11/2023 | 112 Comments

(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 […]

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PACI spent CI$56k on 2022 Christmas Party

PACI spent CI$56k on 2022 Christmas Party

| 03/11/2023 | 95 Comments

(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, […]

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CI$8 million spent by CIG outside of rules

CI$8 million spent by CIG outside of rules

| 03/11/2023 | 102 Comments

(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 […]

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Over two decades on, CIG still struggles with accounts

Over two decades on, CIG still struggles with accounts

| 29/10/2023 | 61 Comments

(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 […]

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100+ acres of natural habitat already at risk this year

100+ acres of natural habitat already at risk this year

| 22/03/2023 | 72 Comments

(CNS): Since the start of this year, the Central Planning Authority has heard applications for development projects and sub-divisions that threaten well over one hundred acres of primary natural habitat, including mangroves. Despite mounting public support for conservation and significant concerns that development is destroying the environment, in less than two months the CPA has […]

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Cayman producing 5 x average global trash rate

Cayman producing 5 x average global trash rate

| 21/03/2023 | 72 Comments

(CNS): The Cayman Islands must do better at reducing the amount of rubbish it generates even as the country awaits a deal with Dart to take over the waste-management programme. A new report from the Office of the Auditor General found that the government has made no progress on targets set more than seven years […]

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OAG reveals Cayman’s lack of sustainability

OAG reveals Cayman’s lack of sustainability

| 21/03/2023 | 18 Comments

(CNS): As the Cayman Islands Government embarks on an independent initiative to help it link policy with the UN’s Sustainable Development Goals, the Office of the Auditor General has revealed the existing lack of sustainability and some major challenges ahead in dealing with climate-related issues in Cayman. The country is generating five times as much […]

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Chief officers failing on transparency, says OAG

Chief officers failing on transparency, says OAG

| 13/03/2023 | 40 Comments

(CNS): Civil service bosses are not living up to the current administration’s commitment to transparency and many government departments are failing to make annual reports available to the public. In a recent review, which looks back on its own recommendations and those of the Public Accounts Committee, the Office of the Auditor General (OAG) found […]

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CIG gets failing grade on managing public cash

CIG gets failing grade on managing public cash

| 10/03/2023 | 83 Comments

(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 […]

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