Latest update November 22nd, 2024 1:00 AM

Guyana's largest selling daily and New York's most popular weekly

Latest News

OP accused of misrepresenting internal agencies

Nov 06, 2010 News

The Office of the President is still proving to be delinquent in its finances according to the Auditor General’s report.
In his report for the Fiscal Year 2009 the AG examined the accounts and records of the various Government Agencies. His investigation of the Office of the President revealed that for at least the fourth year running three agencies have been misrepresented as Local Organisations rather than as departments under the Office of the President.
Through that misrepresentation funds were paid out to these agencies and according to the AG’s report, “… were inappropriately charged as Subsidies and Contributions to Local Organisations.” The three agencies are the Presidential Guard, Castellani House and Joint Intelligence Coordinating Agency.
The AG states that “the inclusion of this sum materially misrepresents subsidies and contributions paid for the period under review.”
Apparently the Finance Secretary has been engaged in attempts to ‘rectify the situation’ for several years now, since every AG report from 2006 to the present state that the Secretary is ‘engaged’ in correcting the situation.
Meanwhile every year, hundreds of millions of taxpayer dollars are included as expenditure under this sub-head. This year the sum comes to $236.6M.
The recommendation of the Auditor General in this instance was for the Office of the President to follow up with the Ministry of Finance with a view to ensuring that specific programmes are allocated to all operational units under the present programme budgeting arrangements.
A number of statutory agencies that come under the control of the Office of the President were also a matter of contention for the AG.
According to the report, the Office of the President is still to lay reports in the National Assembly for these agencies.
Included among them are the Institute of Applied Science and Technology (IAST), last audited in 2002; the Guyana Energy Agency (GEA), last audited in 2004; and the Government Information Agency (GINA) last audited in 2004 as well.

Similar Articles

The Glenn Lall Show | November, 20th, 2024

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

Green Machine returns to RAN Sevens

Green Machine returns to RAN Sevens

Nov 22, 2024

-Guyana to face Canada today By Rawle Toney The Green Machine, Guyana’s national rugby team, is set to make its mark at this year’s Rugby Americas North (RAN) Sevens Championship, hosted at...
Read More
GASA snubs Delroy Tyrrell for World Championships

GASA snubs Delroy Tyrrell for World Championships

Nov 22, 2024

Cricket Australia appoints former West Indian Captain Carl Hooper as a Multicultural Ambassador

Cricket Australia appoints former West Indian...

Nov 22, 2024

GBA appoints International Technical Officer Elton Chase as Technical Director

GBA appoints International Technical Officer...

Nov 22, 2024

Warriors triumph but Royals lead standings

Warriors triumph but Royals lead standings

Nov 22, 2024

 D-Up Basketball Academy Training camp brings Hoop Dreams to Life with Region 3 Jamboree

 D-Up Basketball Academy Training camp brings...

Nov 21, 2024

Features/Columnists

Publisher’s Note

Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.

Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]

Weekend Cartoon

Bridge Watch

Demerara Harbour Bridge

> Berbice Bridge […]