Latest update January 13th, 2026 12:59 AM
Jan 12, 2026 News
(Kaieteur News) – The Guyana Defense Force (GDF) is yet to hand over cheques spanning 2021-2024 worth over $1.7 billon to the consolidated fund, violating Section 43 of the Fiscal Management and Accountability Act of 2003.
The report, which was released last year, said that the act mentioned above clearly states that, “at the end of each fiscal year, any unexpended balance of public monies issued out of the consolidated fund shall be returned and surrendered to the consolidated fund.”
In spite of this, at the reporting time in September 2025, there were 200 cheques which totaled a whopping $1.568 billion still on hand for year under review which was 2024. In a similar situation, there were also 94 cheque which totaled $139.373 million still outstanding for 2021 to 2023.
In a breakdown provided, the report said that for 2021, there were four cheques worth $7,225,000. In 2022, there were 40 cheques worth $36,188,000 and in 2023, there were 50 cheques worth $95,960,000, all of which are yet to be returned.
In response to the findings the GDF said that, “The head of budget agency acknowledged this finding.”
The AG’s office recommended that, “the head of budget agency institute measures to ensure full repayment to the consolidated fund of all amounts remaining unpaid at the end of each fiscal year in compliance with the FMA Act 2003.”
Regarding cheque order payments made during 2024, there were 46 totalling $141.249 million which remained outstanding as at September 2025. In a similar situation, 88 cheque orders totalling $442.726 million still remained outstanding for the years 2020 to 2023. In this light, auditors could not definitely ascertain whether the force received full value for all sums expended.
The force responded to the findings saying that the head of budget agency had acknowledged this finding and efforts are being made to clear the outstanding cheque orders.
It was recommended in the report that head of budget agency comply fully with Circular №. 2/2019 dated 29 January 2019.
Another issue highlighted, dates back to 2023 when there was approval granted by the National Procurement and Tender Administration Board (NPTAB) on December 13 of that year for the award of a contract in the sum of $16.900 million, for supply and delivery of one new Hiab Truck. This had a delivery period of three moths attached and as of December 31,2024 the supplier had received a sum of$8.450 million.
“The supplier received an extension to deliver the item on or before 30 September 2025. However, at the time of reporting in September 2025, the item was not delivered…The head of budget agency indicated that as per contractual agreement, the contractor has since written to the force seeking an extension in the timeframe for delivery. A copy of this letter has been shared with the audit team,” the report said.
It was therefore recommended that the head of budget agency follow-up on the matter with the suppliers to have the items delivered immediately and also provide the audit office with the necessary documentation for verification upon receipt of the items.
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