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Audit of steelband body exposes glaring non-compliance
Lead Editor Investigative Desk
Financial mismanagement, an abysmal financial performance, misappropriation of funds, financial irregularities, and glaring non-compliance were uncovered in an Ernst and Young (EY) audit report conducted by Ernst and Young (EY) on Pan Trinbago’s operations over five years.
The “private and confidential” report was handed over to the Ministry of Community Development and the Arts in April 2018 and has been hidden in plain sight on the Parliament website for almost a year. It came up for discussion at Pan Trinbago’s Annual General Meeting on November 3 but according to several members, but was shot down by president Beverly Ramsey-Moore. However, she has denied that claim.
The audit paints a gloomy picture about Pan Trinbago’s financial activities during the five years, while external auditors Panel Kerr Foster (PKF) said there was “significant doubt on the association’s ability to continue as a going concern.”
THANKS FOR THE INFOMATION, BUT THE LEAD IN WILL TEND TO CAST FORCAST THIS PRESENT ADMINISTRATION. JUST SAYING