Once again, it appears that a glib-tongued fellow has waltzed into the Cayman Islands and made off with a hefty pay day at the expense of local taxpayers, leaving a considerable mess behind for us to clean up.
We encourage all and sundry to read our report on today’s front page regarding Auditor General Dan Duguay’s review of the police corruption investigations known as Operation Tempura and Operation Cealt.
One gets the distinct impression from Mr. Duguay’s review that not only did Chief Investigating Officer Martin Bridger and his buddies from the UK Metropolitan Police get away with a nice pay day, but that several representatives within the Cayman Islands government, including the governor, didn’t seem much interested in what was going down – until it was too late.
It’s really the same story we’ve heard before, but told from another perspective. The Eurobank scandal, the Matrix debacle, and of course, let’s not forget about the disappearance of ‘Dr.’ Hassan Syed from UCCI.
And it’s going to keep happening as long the Cayman Islands refuses to get its financial house in order, establish a proper, well-regulated competitive bidding process that applies in all cases, and ensure adequate and public checks and balances regarding the expenditure of public funds.
Open up secret board meetings, require all government departments, statutory authorities and government-owned companies to produce a line-by-line itemised budget that everyone can review, and stop letting government hide behind a maze of bureaucratic regulations.
This goes for the UK arm of government as well, indeed even more so than the local representatives. If Cayman Islands dollars are being spent, Cayman Islands people need to know about it.
We can blame foreigners all we like. As long as our own processes don’t measure up, or are prevented from doing so, we’ll be an easy target.