November 13, 2019

The Editor Speaks: Auditor General not happy with government accounts

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Following on from Cayman Islands Auditor General Sue Winspear’s general unhappiness with the accounts of the Cayman Airways boards, she is now not happy with the Government Accounts. Government needs to be more responsive to the recommendations made by the Public Accounts Committee (PAC) she said yesterday (Monday July 31). The Cayman Islands Government has […]

Cayman Islands Auditor General hits out at government’s slowness in implementing PAC recommendations

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From the Office of the Auditor General Government Needs to be More Responsive to the Recommendations Made By the Public Accounts Committee The Cayman Islands Government has been slow to implement the Public Accounts Committee’s (PAC) recommendations, Auditor General of the Cayman Islands Sue Winspear says in her report issued Monday July 31 2017. The […]

Cayman Islands Auditor General’s health reports

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Cayman Islands Auditor General’s health reports PAC set to review Auditor General’s health reports The members of the Cayman Islands Public Accounts Committee [PAC] are planning to meet on the 1st, 2nd and 3rd of February 2017 to review the most recent performance audit report issued by the Office of the Auditor General. The Committee […]

The Editor Speaks: Misunderstanding, miscommunication but missed.

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According to MLA Ezzard Miller, Chair of the Public Accounts Committee (PAC), Phillip Rankin Chair of Cayman Airways, missed last Thursday’s meeting even though the date and time had been moved to accommodate him. According to Fabian Whorms, Chief Executive Officer of Cayman Airways Ltd (CAL), speaking to CNS, Rankin didn’t attend the meeting because […]

Whatever happened to 1MDB’s Cayman Islands funds?

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By Anil Netto From ALIRAN In the light of the shutting down of Swiss private bank BSI in Singapore, Anil Netto examines what happened to over RM7bn of Malaysian public funds parked in a mysterious high-risk investment fund. In early May, the Financial Times of London carried an in-depth feature on the City of London […]

PAC: 1MDB directors repeatedly given inaccurate info

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From The Star Online PETALING JAYA: The 1Malaysia Development Bhd board of directors was repeatedly given inaccurate information by the management of the government investment arm, said the Public Accounts Committee. Among the instances highlighted by the PAC in its report on 1MDB was that the board had been told by the management that a […]

Cayman Islands Premier speech to the LA re-removal of leader of the Opposition Leader from PAC

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Debate before the Legislative Assembly concerning the Public Accounts Committee Motion From Premier Hon. Alden McLaughlin, MBE, JP, MLA 15 October, 2015 Madam Speaker, by this motion we are proposing to remove the Leader of the Opposition from the committee and to add the elected member from North Side. In addition, we are proposing to accept […]

Des Traynor – Irish elite’s top money manager [he sent millions to Cayman Islands]

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By Gareth Morgan From Independent.IE DesS Traynor was the man who managed money for many of Ireland’s most important people – and sent millions offshore to destinations such as the Cayman Islands. He moved money through a complex series of accounts and companies in a bid to avoid scrutiny. Mr Traynor was dubbed “Charlie’s Bag […]

Cayman Islands Constitution Review now published on website

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The Cayman Islands 2009 Constitution review was completed last month. The chairman of the review team, David Ritch informed  the governor, the premier, the opposition leader and the joint team leader of the overseas territory directorate in the Foreign and Commonwealth Office, regarding its findings. The review team did not engage in a public consultation regarding any of its […]

Working as a Marine Biologist on the Cayman Islands

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By Peter Sonnenberg From PAC Work as a marine biologist is very rewarding; becoming one requires very hard work, though. To become a marine biologist, one must go through four years of undergraduate education and around two to five years of post-graduate education. The good news is that once a person gets a degree in […]