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CMU Council member shocked at Auditor General's findings

Marjorie Kennedy, who was member of the CMU Council
 
A member of the Caribbean Maritime University (CMU) Council, who resigned last week, has expressed shock at the findings of the Auditor General's probe of the institution.
 
Marjorie Kennedy, who on Monday afternoon confirmed to RJR News that she has stepped down from the council, said she was not aware of the many breaches which were reportedly committed at the university. 
 
"We had no idea, and up to today...none of us in the private sector have seen copies of the Auditor General's report nor were we able to comment on the draft," she said. 
 
Mrs. Kennedy told RJR News she decided to resign from the CMU Council because she and other members were dissatisfied with the governance of the school, "in particular the accounting section."
 
The report from the Auditor General has outlined unsupported payments totalling J$332.9 million and US$293,445.
 
It also stated that weak financial controls allowed for the improper transfer of J$145 million from the CMU's bank account to a trust fund with no accountability for how the money was later spent.
 
In addition, the report highlighted procurement breaches amounting to more than J$217.7 million and almost US$1 million.
 


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