Criminal Charges Expected After WSC Audit
The Board of the Water and Sewerage Corporation has decided to bring criminal charges against certain individuals in the wake of a Forensic Audit that found what its Chairman termed tendering and procurement irregularities, suspected misappropriation of assets and questionable undertakings.
With an update in the House of Assembly yesterday, Long Island MP, and WSC Chairman, Adrian Gibson, publicly announced the dismissal of WSC’s general manager and the appointment in the person of CPA Elwood Donaldson, an 18-year veteran of WSC.
“Notably, both the CFO and the AGM for human resources will soon be on retirement leave and there are additional EXCOM reforms on the horizon, he said.
“We have also shifted senior managers and middle managers for more efficient operations at WSC. Further we will reposition departments and place them into their proper division,” he added.
“The board of directors will soon embark on a right sizing exercise, offering voluntary separation packages to WSC employees. Notably the average age for WSC is nearly 50.”
According to Gibson, the forensic audit was spurred by findings that ranged from Tendering and procurement irregularities from RO plants and monopolies associated; renewal of 10 and 20 year contracts without open bids.
In addition, there was also inappropriate Board/Executive manipulation in the selection of vendors; contracts being awarded to vendors who were not selected or did not participate in the tendering process; unusual contractual terms; and instances where the tender process was simply not followed.
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