The current audit of the Guyana Defence Force (GDF) credit union by accounting firm Ram & McRae is limited to loans granted for the purchasing of vehicles for officers in the army, but a source familiar with the investigation says that it should be wider.
Recently, the GDF announced the investigation, which is based on a request by the credit union’s Committee of Management to the Ministry of Labour, in the wake of allegations of impropriety in the acquisition of vehicles.
“The Committee of Management contacted the office to conduct an investigation, particularly into the transaction of vehicle loans,” the source told this newspaper. This latest revelation is cause for