Introduction
For several years I have drawn attention to the matter of annual reporting by the Cheddi Jagan International Airport Corporation (CJIA), an entity established under the Public Corporations Act. I could not understand why the Audit Office which does the corporation’s audit, the Public Accounts Committee or someone, anyone, was not asking, nay demanding, that the law be complied with, with respect to the laying of accounts and reports in the National Assembly. So while there was incompetence on the part of Minister Robeson Benn who is the subject minister and of the Public Accounts Committee and the Audit Office, there was a question too whether the corporation did enough to counter speculation that it probably was unaware of its obligations under the act. It took them all more than a decade before the public was able to see for the first time any seemingly independent information on the corporation.
The income statement which shows the financial performance of the corporation does not make a pretty picture. Apart from the year 2002 when incomplete, unreliable and meaningless figures were prepared, for each of the years from 2003 to 2010, the corporation has been losing money. I would discount the year 2002 because no balance sheet was presented and it is virtually impossible for any professional auditor to report on the