Finance minister Bob Richards has circulated a misleading “rebuttal” to a harshly critical report on the ministry’s due diligence on the airport project, we can report. The minister failed to tell the public that his comments were a response to an earlier draft and had already been taken into account in finalizing the report which remains unanswered....
Archives for October 2016
Government used flawed methodology to assess airport options – Craig Mayor
A government financial analysis on the airport project contains “significant and unacceptable errors and omissions” and used a flawed methodology to assess options for the airport, the Public Accounts Committee has heard. On Thursday, Craig Mayor, a retired accountant who spent the last 20 years of his career handling credit facilities and guarantees for a […]
PLP leader to make a third round of shadow cabinet changes
as David Burt resigns his portfolio for the second time in a year
Progressive Labour Party leader Marc Bean is to select a new shadow finance minister following David Burt’s resignation yesterday. The development is a significant moment in the ongoing struggle over the party’s leadership and is Burt’s second resignation of the shadow portfolio in less than a year. Bean has shuffled his shadow cabinet twice since...
Architect to reappear before Commission of Inquiry
Lawrence Brady, the Government architect at the centre of the 2008 fake cheques scandal could face a grilling in front of the Commission of Inquiry looking into the handling of taxpayers’ money. It will be his second appearance at the hearings which are scheduled to end on October 11. Brady first appeared before the Commission on...
Commission of Inquiry financially unaccountable
Financial Instructions do not apply to the body probing government finances
The Commission of Inquiry probing the handling of taxpayers’ money has so far declined to be transparent about its own finances. But it has made it clear that the rules that govern how civil servants spend taxpayer dollars do not apply in its case. Almost $500,000 was allocated to the exercise which was original expected...