Search results for : auditing
NUMBERS GAME: Unaudited financial statement tabled by Bowleg suggests surplus, not loss
April 25, 2024
NUMBERS GAME: Unaudited financial statement tabled by Bowleg suggests surplus, not loss
NASSAU, BAHAMAS — The 2023 CARIFTA Games generated an overall net income of $1.3 million, according to an unaudited financial statement tabled in Parliament yesterday, with the Youth, Sports, and Culture Minister arguing that it effectively put to rest claims of overspending. Minister Mario Bowelg tabled the document in Parliament yesterday and noted that the [...]
April 24, 2024
Sports Minister: I Did Not See Final CARIFTA50 Audit Before It Was Tabled
NASSAU, BAHAMAS - Sports Minister Mario Bowleg expressed his disappointment that the Auditor General's report on the 50th CARIFTA Games was not presented to him.
April 24, 2024
Sports Minister Tables Unaudited Financial Statements From 2023 CARIFTA GAMES
NASSAU, BAHAMAS – Youth, Sports and Culture Minister Mario Bowleg tabled the unaudited financial statements regarding last year's CARIFTA Games following an Auditor General's report released last week. The Auditor General's report pointed to overspending for the games however Bowleg told parliament Wednesday that financials were provided to the Ministry on January 24th, but were [...]
PM Awaiting Update on Carifta 50 Audit Report
April 23, 2024
PM Awaiting Update on Carifta 50 Audit Report
NASSAU, THE BAHAMAS - Days after an audit report revealed irregularities in the 50th CARIFTA games hosted by The Bahamas last year, Prime Minister Philip Davis says he's awaiting a report from the Minister on the matter.
Bowleg hits back on audit findings
April 19, 2024
Bowleg hits back on audit findings
YOUTH, Sports and Culture Minister Mario Bowleg said the government did not overspend on last year's CARIFTA and Jubilee Games, which cost more than $7m than was allocated, according to audit reports from the Office of the Auditor General.
Audit Shows $800K+ Deficit for 2023 CARIFTA Games
April 17, 2024
Audit Shows $800K+ Deficit for 2023 CARIFTA Games
NASSAU, BAHAMAS - The 23-page CARIFTA50 Audit was tabled in the House of Assembly Wednesday morning. It details key findings from the 2023 CARIFTA Games held in The Bahamas.
April 18, 2024
Multiple fiscal failures found in Bahamas Jubilee games audit
UNAUTHORISED vehicle purchases and salary increases, misuse of petty cash, and a failure to pay National Insurance Board (NIB) contributions are some of the fiscal shortcomings highlighted in the Office of the Auditor General's examination of last year's Bahamas Jubilee Games.
Sands: PHA audit highlights dysfunctional system
October 07, 2014
Sands: PHA audit highlights dysfunctional system
Free National Movement (FNM) Deputy Chairman Dr. Duane Sands yesterday called a forensic audit of the Public Hospitals Authority's (PHA) supply of pharmaceutical drugs and medical
supplies "absolutely outrageous, earth-shattering and alarming".
"On the face of it, the details that were outlined in the report, both in the main body of [The Nassau Guardian] and in National Review would seem earth-sh...
Fraud audit - now there's move to act
July 26, 2019
Fraud audit - now there's move to act
THE Ministry of Public Service issued 'show cause' letters yesterday to ten people implicated in a Department of Education scheme that defrauded the government of $450k, signalling the government has began the process of terminating the employees...
February 01, 2024
Bahamasair Confirms New 737 Deployment Amidst Standard FAA Audit
Bahamasair acknowledges the recent news story concerning our new 737aircraft and wishes to bring clarity on the availability of this aircraft in our operations between TheBahamas and US destinations that we service.
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