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The Auditor General plans to finish 60 outstanding reports within the next 10 months. Heather Matthews said additional staff and hard work would enable them to start 2012 with a clean slate. “We are mandated to get out statutory reports first and tha...

The Auditor General believes former Cabinet Secretary Marc Telemaque should be fined for disregarding Government’s rules in the controversial TCD project. Mr Telemaque did not comply with the financial rules and did not follow a Cabinet decision to p...

The Auditor General said Government could have another qualified audit for the current fiscal year. A week ago Bermuda’s Consolidated Fund was released for the previous fiscal year, ending March 31, 2010. Auditor General Heather Matthews gave it a qu...

The Accountant General claims she was pressured by Ministry of Transport officials to approve a sole tender contract over the controversial TCD construction project. The Public Accounts Committee also heard TCD could save Government approximately $1...

Government’s spending continued to oustrip its revenue over the past year according to the latest figures released yesterday. Total revenue raised by Government’s operating fund for fiscal 2009/10 decreased by 3.53 percent ($33.5 million) to $917.3 m...

Shadow Finance Minister Bob Richards has accused Government of having “no clue” what it was doing or attempting to mislead the public over its estimates for the current account for the fiscal year 2009/10. Mr Richards said that the current account de...