WSC audit ordered
Water and Sewerage Corporation (WSC) General Manager Glen Laville and Chief Financial Officer Sandra Edgecombe have been placed on administrative leave until next week Tuesday as the corporation undergoes an immediate forensic audit by accounting firm Ernst and Young, WSC Chairman Adrian Gibson has confirmed.
In a memo to staff, Gibson wrote that the board ordered the immediate forensic audit and asked for them to cooperate.
“All staff members are asked to fully cooperate with the auditors and to provide them immediate and unfettered access to any and all information, files and other documents requested,” Gibson wrote.
“To facilitate this audit, the board has placed the general manager, Mr. Glen Laville, and the chief financial officer, Mrs. Sandra Edgecombe, on administrative leave until October 9, 2017 – (effective) the 10th, as the 9th is a national holiday.
“In the interim, Deputy General Manager Mr. Robert Deal has been appointed as Acting General Manager and Assistant General Manager Ms. Cheri Hanna, on
Mr. Deal’s advice, will serve as the acting chief financial officer, in addition to their normal responsibilities.”
It was unclear what specifically prompted the forensic audit.
The Minnis administration has committed to conducting forensic audits at Bank of The Bahamas (BOB), Urban Renewal, the former government’s hurricane relief program, and the Bahamas Agriculture and Marine Science Institute (BAMSI).
Four senior officials from NIB were advised to take vacation leave effective Tuesday, May 30, 2017, to facilitate a forensic audit at NIB.
A forensic audit will also be carried out at the Post Office Savings Bank, it said.
The Water and Sewerage Corporation was never named.
Gibson yesterday declined to comment further than the memo he sent.