Topic: PAC

Public Accounts Committee (PAC) has moved its hearings to September following conflicts with witnesses' schedule and the upcoming sitting of Parliament.

Sue Winspear, Cayman's first female auditor general, will be leaving office later this year after eight years of service to the people and government of the Cayman Islands.

With government's post-retirement healthcare liability now pegged at $2.5 billion, Auditor General Sue Winspear says a decision will have to be made soon on how to deal with it, as leaving the figure off the government accounts cannot continue inevitably.

Audited financial accounts for the Ministry of Health and the Cayman Islands Airports Authority have been outstanding since 2019 and it may be some time before they are brought up to date, the Public Accounts Committee has heard.

A lack of regular parliamentary sessions has consistently led to late tabling of the government’s annual reports, financial statements and minutes.

The government’s lack of action on dozens of recommendations on budgeting, financial management and reporting is “disappointing”, according to the deputy auditor general.

The Public Accounts Committee on Wednesday continued with its investigation why government has not implemented recommendations made by committee reports.

Auditor General Sue Winspear is highlighting a lack of action by government on several recommendations, including in healthcare and welfare assistance, made by her office and by the Public Accounts Committee.

The Public Accounts Committee will resume its hearing Wednesday as its inquires into the operations of OfReg and the findings of the Auditor General’s audit into the local utilities regulator.