PAC to begin work on AG Report

first_img…as Committee awaits presentation of 2015 reportThe Public Accounts Committee (PAC) of the National Assembly is expected to begin its work on the 2016 Auditor General Report in a matter of weeks, during which time the Government’s latest fiscal indiscretions will be put under the microscope.During an interview with Guyana Times, PAC member and Member of Parliament (MP), Juan Edghill related that work was still being done on the preceding 2015 Report. He noted that another meeting would have to be called at the Committee level to finalise the report.PAC member Juan EdghillEdghill explained that during the last sitting of Parliament, the Committee was able to clear the backlog of reports dating from eight years ago. As such, the Opposition-chaired PAC dispensed of the 2010, 2011, 2012, 2013 and 2014 Auditor General Reports. Regarding the 2015 Report, Edghill stated that it was close to completion.“That (2015) report is being prepared to send to the Parliament and the 2016 Auditor General Report, which was tabled in Parliament at the end of September, we’ll start examining now. Within weeks, the Public Accounts [Committee] should start moving (on that),” Edghill assured.Clerk of the National Assembly, Sherlock Issacs“But we have to have a meeting of the Public Accounts Committee, for them to bring the report to us and approve it. The Committee completed its work on the examination of the 2015 Report and it is now for the Clerk to do the write-up, format the report, and get our approval for it to be sent to the House.”Once the report is submitted, the Finance Ministry will have 90 days to account for the financial anarchy found by the Auditor General to have occurred since 2015 and documented in his report. This includes abuse of Guyana’s Contingency Fund and widespread overpayment of contractors.At the time of the examination, the Committee had been the scene of turmoil with several accounting officers having to be cautioned and evicted from the Parliament’s chambers for being untruthful to the Committee. In the wake of this, there was a major reshuffling of Permanent Secretaries among various Ministries.Efforts to contact Clerk of the National Assembly, Sherlock Isaacs, were futile.2016 ReportThe 2016 Auditor General report had re-flagged the fact that the consolidated fund of Guyana was in overdraft. At the end of that year, the Fund reflected an overdraft of $67.5 billion and the cash book, $86 billion. In 2015, the Fund was overdrawn by $42.6 billion.According to the Auditor General, the difference of $18.5 billion between the bank and the cash book was due to a deposit of $6.7 billion not being debited to the cash book. There was also some $22.7 billion in unpresented cheques. It was also revealed that deposits totalling $5.3 billion were not credited to the bank account, while debit advances of $1.6 billion were not credited to the cash book.In its response, the Ministry affirmed that the Fiscal Management and Accountability Act 2003 makes provisions for the account to be overdrawn in order to make up for cash shortfalls while implementing the Budget.last_img read more


BCCI calls Sreesanth wanting to play for another country as ’empty talk’

first_imgBoard of Control for Cricket in India (BCCI) acting secretary Amitabh Chaudhary on Friday said former pacer S. Sreesanth is indulging in empty talk by saying he can play for any other country.Recently, Sreesanth had hinted that he might spend the rest of his career playing for another country in the wake of the Kerala High Court’s decision to restore the life time ban on him.He had also pointed out that the BCCI had banned him from playing in India, but not the the International Cricket Council (ICC) and, therefore, he is free to play for any other country.”BCCI has imposed the ban, not ICC. If not India, I can play for any other country, because I am 34 now and I can only play for maximum six more years. As a person who loves cricket, I want to play cricket. And not only that, BCCI is a private firm; it is only us who say that this is the Indian team, but you know BCCI is a private body after all,” Sreesanth had said at an event in Dubai.Hitting back, Chaudhary said the ICC is very clear that any player who is banned by any full member can neither play for any other full member nor for any other association.The BCCI acting secretary added that all this is just empty talk and that the BCCI is very well aware of their legal position.On Tuesday, a division bench of the Kerala High Court had restored the life time ban imposed by the BCCI on Sreesanth in connection with the 2013 Indian Premier League (IPL) spot-fixing scandal.advertisementAllowing the appeal filed by the BCCI, the division bench headed by Chief Justice held that there is no violation of natural justice against the cricketer and quashed the single bench order in Sreesanth’s favour..Earlier, the BCCI had appealed to the Division Bench of Kerala High Court against lifting the life-time ban on the tainted pacer.Sreesanth was banned by the BCCI for his alleged role in the IPL spot-fixing in 2013.A single-judge bench of the Kerala High Court had earlier passed an order that the bowler’s life-ban be lifted.The court had also dropped all the charges against Sreesanth after he filed a plea challenging the life ban imposed on him.last_img read more


Step aside for Aishwarya Rai Bachchan’s 2nd, Queen-like look at Cannes Film Festival

first_imgHer green, Yanina Couture gown might’ve served as a gorgeous prologue to her Cannes story this year, but Aishwarya Rai Bachchan’s latest appearance has managed to take things a notch higher.As she stepped out wearing an elegant Mark Bumgarner gown, Aish did complete justice to her title of being a former beauty queen. The stunning actress who is celebrating her 16th year at the Cannes Film Festival didn’t look a day older as she embraced the sheer simplicity of her outfit.Also Read: Aishwarya Rai Bachchan’s 16th year at Cannes Film Festival starts with a refreshing change Reunited with our #Lorealista @EvaLongoria ???? #LifeAtCannes #AishwaryaAtCannes pic.twitter.com/0NKLEWJoWV- L’Oral Paris India (@LOrealParisIn) May 19, 2017While her effortless beach weaves weren’t any different from the hairdo she sported earlier in the day, the vibe of this particular look was entirely different from her first one.#AishwaryaRaiBachchan twirls to perfection in this gorgeous gown by #MarkBumgarner pic.twitter.com/1LI0waWApH- L’Oral Paris India (@LOrealParisIn) May 19, 2017The sweetheart neck of the strapless gown looks great, but you know what’s better? The colourful-yet-subtle floral embroidery that tastefully balanced the dominant shade of the outfit.Add to that a stunning lip colour, minimal accessories and a pair of gorgeous footwear and Aishwarya is ready to mesmerise everyone including her husband, Abhishek Bachchan who took his Instagram account and posted her picture captioned, “There she is.”last_img read more