Tag: Public Accounts Committee

HIC: Insurers need to make profit

HIC: Insurers need to make profit

| 14/02/2017 | 38 Comments

(CNS): Mervin Connolly, who heads up both the Department of Health Regulatory Services and the Health Insurance Commission (HIC) has told the Public Accounts Committee that health insurance companies need to make a profit. After several days of PAC meetings examining the auditor general’s late [...]

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Doctor queries purpose of Shetty hospital

Doctor queries purpose of Shetty hospital

| 13/02/2017 | 94 Comments

(CNS): The idea that the hospital in East End, founded by world-famous Indian physician Dr Devi Shetty, was really intended to be a medical tourism facility has been questioned by a local doctor. Giving evidence to the Public Accounts Committee, Dr Darley Solomon said that he felt that from the b [...]

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Local doctors criticise health system

Local doctors criticise health system

| 03/02/2017 | 48 Comments

(CNS): Two local senior physicians slammed the Cayman Islands government health system and its management in Public Accounts Committee on Wednesday, pointing to a catalogue of problems. One doctor said Cayman had blindly followed the American system and another warned of problems in regulation a [...]

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CAL’s US$21M subsidy keeps airline flying

CAL’s US$21M subsidy keeps airline flying

| 08/09/2016

(CNS Business): The latest audit of the national flag carrier has reinforced the fact that while Cayman Airways Ltd is turning its financial losses around, it is still very heavily dependent on a government subsidy of around US$21 million per year and would not be a viable entity without it. But [...]

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HSA to clean up $90M bad debt trouble

HSA to clean up $90M bad debt trouble

| 08/09/2016 | 30 Comments

(CNS): The local hospital will be focusing on resolving its more than $90 million old and bad debt problems over the coming year by trying to collect around $10 million of its oldest debt, writing off what can’t ever be recovered, focusing on reducing the recent debt and stopping it from mounti [...]

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Airline CEO defends board chair over PAC mix-up

Airline CEO defends board chair over PAC mix-up

| 06/09/2016 | 22 Comments

(CNS): The chief executive officer of Cayman Airways Ltd (CAL) has defended the chairman of the airline’s board, Phillip Rankin, after he was criticized by the Public Accounts Committee chair for failing to attend the latest meeting. Ezzard Miller claimed that the committee had rearranged the [...]

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PAC chair berates witnesses over excuses

PAC chair berates witnesses over excuses

| 05/09/2016 | 36 Comments

(CNS): The chair of the Public Accounts Committee has issued a warning to senior public servants in core government as well as its statutory authorities and government companies that when they are asked to attend PAC as witnesses, this is not a frivolous invitation that they can ignore. When the [...]

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Ex-CAL directors get free ride for life

Ex-CAL directors get free ride for life

| 05/09/2016 | 71 Comments

(CNS): Many of Cayman Airways’ former directors are getting free unlimited flights for themselves and their immediate family as a reward for serving voluntarily on the airline’s board. Paul Tibbetts, the airline’s chief financial officer, told the Public Accounts Committee last week tha [...]

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Ezzard presses government to respond to PAC reports

Ezzard presses government to respond to PAC reports

| 28/06/2016 | 8 Comments

(CNS): The chair of the Public Accounts Committee told government that he expects a response from it on the reports he tabled following the PAC’s recent review of several auditor general reports on public spending issues. The final part of the process for each of the audit reports once PAC has [...]

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CPA decision overturned by judge

CPA decision overturned by judge

| 21/04/2016 | 31 Comments

(CNS): A judgment delivered earlier this month by a Grand Court judge has refused previously granted planning permission to a potential Seven Mile Beach ten-storey condo building because the judge found the existing laws and regulations relating to buildings of that height are incompatible. Overt [...]

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Customs boss plugging gaps to maximise revenue

Customs boss plugging gaps to maximise revenue

| 31/03/2016 | 6 Comments

(CNS): The collector of customs has revealed that there are challenges with the computer system at the customs department, which is not working as effectively as it could be. Charles Clifford explained that the system acquired by customs was not tailor-made and as a result there are shortcomings [...]

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