Contraventions of Town Council Act and Town Council Financial Rules still takes place..
After being flagged by their own external auditors, after being flagged by AGO, after an extensive review by KPMG that is still ongoing, WP-run AHTC is still contravening the Town Council Financial Rules and Town Council Act.
The contraventions included:
Failure to transfer funds into the sinking fund in a timely manner.
Failure to ensure that all disbursement of money from the sinking fund were only for the purposes of meeting expenses or liabilities properly attributable to the sinking fund.
Failure to include a debarment statement in the invitation for quotations or for tenders that no contract shall, in the absence of special reason, be awarded to a contractor if the contractor or any of its directors or employees have been debarred by the Government from participating in the same or all types of contracts.
"This is the fifth consecutive year that AHTC’s financial statements have been qualified by the town council’s external auditor. This year, the auditor has issued disclaimers in the areas of the town council’s opening balances, conservancy and service fees received in advance, payables and accrued expenses, as well as staff cost," the ministry said.
