MICAF – $265.4M Overspent for 2018/19 Budget without evidence of approval

Share This:

Auditor General's Findings

According to the Auditor General Department’s 2018-2019 Annual Report, MICAF exceeded its approved expenditure on three components of its Capital Budget by $73.6 million. However, despite requests, no evidence of approval for the reallocation of funds to facilitate these excesses was presented.

The Auditor General also identified 103 instances where the Ministry exceeded its approved budget by a total of $191.8 million on various Objects within its Recurrent Account. This included seven instances of excess relating to Object 21 – Compensation of Employees totalling $4.8 million. However, the AuGD was unable to reconcile the Virements for the Recurrent Account because the Virement schedule presented was incomplete. The modified schedule provided by the Ministry subsequent to the audit still did not facilitate reconciliation.

Responsive image

Permanent Secretary (current): Dermon Spence

Breach Category: Resource Management

Permanent Secretary (at breach):

Breach Type:

Subscribe
Notify of
guest

0 Comments
oldest
newest most voted
Inline Feedbacks
View all comments

Most Recent Breaches

SEMC – St Elizabeth Municipal Corporation financial statements outstanding

October 1, 2024 | No comments

View Breach »

DCS – Unidentified lodgments totalling $2.1 million

April 18, 2023 | No comments

View Breach »

Accountant General – Pension Payments Made Without Verifying Life Certificates

April 18, 2023 | No comments

View Breach »

Accountant General – Overpaid Dependents a total of $4.1 million

April 17, 2023 | No comments

View Breach »

ACCOUNTANT GENERAL – Uncleared bank reconciliation items totalling $138.85 million

April 17, 2023 | No comments

View Breach »
0
Would love your thoughts, please comment.x
()
x

This site uses cookies to give you the best online experience. By using our site you agree to accept these cookies. Read more about it here.