It has been revealed that the Ministries of Transport and Education failed to conduct an audit of the Caribbean Maritime University over the last five years.
Auditor General Pamela Monroe Ellis said the Transport Ministry in its response to her office's queries said an audit of the university was discontinued prior to its transfer to the Education Ministry due to competing engagements.
The Education Ministry stated that, while no audit had been conducted, a review of the governance arrangements for the university had commenced with the aim of ensuring that the various systems and procedures as required are in place.
The Auditor General also found that the CMU only submitted audited financial statements for 2014-2015.
This was despite the Transport Ministry warning university administrators in September 2017 of possible sanctions for breaching the Public Bodies Management Accountability Act.
Reports and statements for financial years 2015-16 and 2016-17 are still outstanding.
The Auditor General said the Ministry of Education on November 20 last year, indicated that it has now put in place systems to ensure compliance with the requirements.
The process includes meetings and crosscheck of compliance listing.
Minister with responsibility for Education Karl Samuda has said the Auditor General's report on the Caribbean Maritime University will be reviewed by the Government.
Mr. Samuda told RJR News Monday morning that he will discuss the matter with Prime Minister Andrew Holness.