The report on the Public Accounts for 2011 was yesterday tabled in the National Assembly and revealed continuing abuse of the Contingencies Fund.
Fifteen percent of the $7.69B drawdown on the Contingencies Fund fell afoul of the required criteria, the Auditor General’s report pointed out. The advances from the Contingencies Fund which did not meet the criteria last year were $500M for the Ministry of Amerindian Affairs for the “provision of Amerindian development projects and programmes”, $120M for the construction of a new inpatient facility for the Ministry of Health, $25.5M for the Office of the President to cover expenses for national awards and other events hosted by the state and $500M for the Ministry of Public Works for consultancy,