'Financial issues' under investigation at Post Office

Sun, Oct 5th 2014, 11:47 PM

Guardian Business has confirmed that investigations are underway into financial "issues" at the Post Office on East Street.
A top public official refused to say that there was "stealing" at the institution, but confirmed that his investigators are "concerned" about these "financial issues".
Auditor General Terrence Bastian told Guardian Business that his department has an officer stationed at the Post Office every day in the normal course of operations, but acknowledged that there is some unusual activity at present and his office has already filed one report on the activity.
"Lately, yes we do have some issues that we will be reporting [more completely] on soon," Bastian said. "There are issues that we need to clean up and tighten up as we seek to modernize the Post Office."
Postmaster General Debbie Pennerman was not able to confirm or deny allegations of theft, and would not say whether an investigation was underway.
The auditor general explained that the results of this investigation will be shared in a report sent to the postmaster general; the permanent secretary in the Ministry of Transport and Aviation, which has Cabinet oversight of the Post Office Department; the financial secretary and the treasurer.
"Where the controls may be weak, we will make recommendations [to strengthen them]," Bastian said.
Section 29(1) of the Financial Administration and Audit Act gives the auditor general broad powers to carry out examinations into the economy, efficiency and effectiveness with which any department, or authority has used its resources in discharging its functions. Through reports to Parliament, the auditor general provides an independent assessment on whether government services have been managed economically, efficiently and effectively. The reports also contain suggestions on ways public sector agencies can improve resource management.
He said the report will be complete and filed by the end of October.

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