Tag: Office of the Auditor General

Port director struggles to explain actions

Port director struggles to explain actions

| 14/05/2018 | 113 Comments

(CNS): Responses given by the director of the Port Authority of the Cayman Islands (PACI) to auditors to explain the potential mismanagement and abuse of public cash exposed in a special report show the public authority boss struggling to explain his actions surrounding major breaches of recruitment laws and procedures, unauthorised spending and other personnel […]

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Port boss faces list of mismanagement accusations

Port boss faces list of mismanagement accusations

| 07/05/2018 | 127 Comments

(CNS): A damning report released by the auditor general has revealed a significant list of allegations against the director of the Port Authority of the Cayman Islands (PACI), ranging from mismanagement to potential fraud and corruption. Clement Reid is accused of breaching recruitment practices, spending over $130,000 decorating the port offices without approval, allowing staff […]

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Operation Tempura spin-offs ran up AG’s lawyer bill

Operation Tempura spin-offs ran up AG’s lawyer bill

| 03/05/2018 | 37 Comments

(CNS): Acting Solicitor General Reshma Sharma from the Portfolio of Legal Affairs told the Public Accounts Committee Thursday that spin-off litigation from the fall-out of Operation Tempura, a corruption probe into the Royal Cayman Islands Police Service, accounted for a significant amount of spending by the Attorney General’s Chambers on outside lawyers’ fees. Appearing before […]

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Cruise project progresses in secrecy

Cruise project progresses in secrecy

| 16/04/2018 | 116 Comments

(CNS): The government is maintaining a veil of secrecy around the progress of the cruise berthing project, despite being very close to declaring a preferred bidder. Despite the massive public interest in what will be the biggest ever infrastructure project in Cayman Islands’ history, the tendering process has been far from transparent. CNS has learned […]

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CIG’s full 2016 accounts receive adverse opinion

CIG’s full 2016 accounts receive adverse opinion

| 22/03/2018 | 45 Comments

(CNS): The government’s Entire Public Sector consolidated financial report for the year ending June 2016 has received an adverse opinion from Auditor General Sue Winspear for a long list of reasons, including the government’s failure to fairly state its liabilities and of poor controls over coercive revenue. While government’s financial reporting has improved from the […]

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Consultants and temps cost public $38.5M in 5yrs

Consultants and temps cost public $38.5M in 5yrs

| 13/03/2018 | 32 Comments

(CNS): The Cayman Islands central government spent more than CI$38.5 million on consultants and temporary staff between June 2012 to June 2017, according to a new report from the Office of the Auditor General (OAG). The latest audit into how the government is spending public cash once again raises questions about value for money as well as […]

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Taxes missing from all public accounts

Taxes missing from all public accounts

| 02/03/2018 | 38 Comments

(CNS): Government departments are still not reporting on the cash that is collected from taxpayers in their individual financial and management accounts. Although civil service management and even the Public Accounts Committee has been congratulating financial officers and their teams of government accountants for finally submitting their financials on time and reaching clean audit opinions, […]

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Risk committee to be created before governor leaves

Risk committee to be created before governor leaves

| 01/03/2018 | 12 Comments

(CNS): The financial secretary has said that a risk and audit committee should be in place before Governor Helen Kilpatrick leaves the jurisdiction. The creation of yet another government oversight body designed to eliminate the threats to public cash from poor governance has been recommended by the Office of the Auditor General for some time […]

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Auditor invites public opinion on oversight

Auditor invites public opinion on oversight

| 20/02/2018 | 18 Comments

(CNS): With plans to undertake five performance audits this year, looking at education, diversifying the economy, efficiency of the court system, improving financial accountability and transparency, and government’s use of outsourced services, the Office of the Auditor General is asking the public for their thoughts on the planned agenda. Auditor General Sue Winspear said the […]

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PAC pats CFOs on back for ‘job well done’

PAC pats CFOs on back for ‘job well done’

| 26/01/2018 | 37 Comments

(CNS): Chief financial officers from government departments were congratulated by the chair of the Public Accounts Committee this week for a “job well done” after achieving clean audits for the first time since government changed its accounting system more than 12 years ago. Although appearing before PAC is not often a pleasant experience for senior […]

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Auditor general warns SAGCs are under strain

Auditor general warns SAGCs are under strain

| 23/01/2018 | 57 Comments

(CNS): Well over half of all statutory authorities and government companies that are managed as autonomous public sector entities are running at a loss and under considerable strain, the auditor general has warned. Sue Winspear said more than eight SACGs had ended the last five years with deficits in contravention of the Public Management and […]

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