Latest update May 25th, 2026 12:35 AM
Foster given ultimatum by GCB to produce long overdue financial statements
– as Value for Money Audit released
Kaieteur Sports – Following the recent announcement that he will no longer seek re-election, current Berbice Cricket Board (BCB) president Hilbert Foster has been given an ultimatum by the Guyana Cricket Board (GCB), to submit the audited final reports for the years 2022 and 2023, respectively, on or before December 15, 2023.
Hilbert Foster
Sources close to GCB revealed that in compliance with the Guyana Cricket Administration Act (GCAA) 2014 and the National Sports Commission (MSC) Act, these submissions must be made by the said date, as the reports will be admitted for Value for Money Audits to ensure that the requisite integrity and statutory obligations are met. Also these reports must be presented, discussed and scrutinized by all stakeholders.
Following the 2020 financial report submitted by the BCB, the draft Value for Money audit which was conducted by the firm, Chateram Ramdihal Chartered Accounts Professional Services, according to the sources, revealed a number of discrepancies, omissions and allegations of impropriety which reflect adversely on the transparency and integrity of the BCB’s financial state.
Foster commenced his term in 2018 but after signaling his intent to re-seek another term as head of the Board, recent social media posts stated that the current president intends to step away from the sport, following the end of his current tenure due to health and family concerns. Persons close to the BCB are of the opinion that Foster’s recent decision not to run is based on the findings of the value for audit report.
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