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PAC member says no need to rehash Nation Building Fund audit

As the Public Accounts Committee continues to review several audits, a member says their review of the former Nation Building Fund was quick because many policies and procedures have changed since the end of the controversial programme which spent $13 million in largely untracked grants and loans from 2009-2013.

Councillor Roy McTaggart says Civil Servants believe Deputy Governor Franz Manderson when he says chief officers and others will get his backing if they stand up to ministers and other politicians who fail to follow proper procedures for spending from the public purse.

“So much has changed since that time period and so much good has been accomplished,” he said, ” that it’s difficult for me to see the merit of trying to dig up these old things. What you really look for in these reports is to understand and know that these things happened, they should not have happened, but ‘hey, Civil Service, what are you doing that’s different?'”

On Thursday (25 February), the P.A.C. reviewed an Auditor General’s report on statutory authorities. Mr. McTaggart says he understands there are people who want to see fewer authorities and boards, but he thinks the first step should be making sure those entities operate on a level playing field when it comes to expenses, salaries and reporting requirements.

About the author

Patrick Kreitlow

Patrick Kreitlow

Pat Kreitlow joined the Cayman 27 staff in October 2015. For nearly a decade, Pat was a familiar presence in living rooms across western Wisconsin where he was a reporter and nightly news anchor at WEAU-TV. He later served his neighbors as a state senator. When he and his wife Sharry became “empty nesters,” they moved to Grand Cayman in early 2014. They have two daughters and two grandsons.

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