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Postby duay7t15f » Sat Jan 13, 2018 6:20 pm

Within the Auditor General’s report for the fiscal year 2015 there were a number of recorded violations of Section 43 of the Fiscal Management and Accountability Act 2003 (FMAA).Opposition Leader,Wholesale Cheap Jerseys, Bharrat JagdeoAccording to Leader of the Opposition Bharrat Jagdeo, persons responsible for the violations should be pursued.Section 43 of the Act states, “Except as otherwise provided in this Act or in any other law, at the end of each fiscal year,Wholesale Authentic NFL Jerseys, any unexpended balance of public moneys issued out of the Consolidated Fund shall be returned and surrendered to the Consolidated Fund.”Jagdeo stated at his recent press conference that he is disappointed with the reaction towards the findings of the audit report.He said, “We were criticised for many years as being in violation of the FMAA and the government pledged that as soon as it took office it’s going to sort out all of these issues. In fact they are going to charge people who violated the FMAA.”The former Head of State said that his party,Cheap Jerseys From China, the People’s Progressive Party Civic is still waiting for this to happen. “We would like them to pursue people who have, according to them, violated the FMAA.”Jagdeo said that his party was very surprised that after Minister of Finance Winston Jordan went to parliament earlier this year to present the 2016 budget, that the figures given had money that were in cheques.“These were cheques on hand, many that were issued in violation of this Act just days before the deadline and held by permanent secretaries and regional executive officers. In the Ministry of Public Health $1.2B was held in cheques.”According to the opposition leader, under the new administration, cheques are being cut and held for works which have not been done as yet. He said that in the following year these officials can simply hand over the cheques to contractors.Provided the contractor does not perform his duties he can still receive the cheque because it is not done on the basis of measured work since the cheques are not processed, Jagdeo said.“You have measured works, then requests for payments come in, it’s verified, and a cheque is cut. In this case a cheque is cut for the full project sum,cheap jerseys, the balance, maybe if a project is half way completed. It is not cut against measured work or completed work (but) future work.“So let’s assume he doesn’t do the work and the cheque is handed to him, we have no means of following up.”Jagdeo said that cheques have been cut for billions of dollars in the last budget. He said that this act is a grave violation of the law.He said,Cheap NFL Jerseys China, “I think these accounting officers have to be told that if they do this, now or in the future,Cheap China Jerseys, they are going to face the consequences, because it can only be done with the complicity of the accounting officers.”The Auditor General’s report highlighted several instances whereby the Act was breached causing large sums of unspent money remaining on hand instead of being returned to the Consolidation Fund.In the Auditor General’s report the expenditure of government was overstated by a total of $2.538B in respect of 16 Ministries, Departments and Regions due to breaches of Section 43 of the FMAA.The report said that included in the aforementioned sum is $1.653B related to cheques on hand at December 31, 2015. “Of the cheques on hand, 946 amounting to $1.282B were in respect of the Ministry of Public Health.The overstatement also included the sum of $885.214 representing unspent balances on eleven Inter-Departmental Warrants issued to the Ministry of Public Health by the 10 Administrative Regions,Cheap NFL Jerseys China, which were not credited to the respective Region’s appropriation accounts.”
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