audit

PAC audit hearings heat up

PAC audit hearings heat up

HILARY HOSIA One of the challenges the Public Accounts Committee faced in the ongoing hearings is questioning an entity that had a change in leadership come in after the audit period under scrutiny. But when it came to Marshall Islands Visitors Authority (MIVA) and the Arkansas Consulate Office, entities that had the same leadership with […]

Audits show theft of grant funds

Audits show theft of grant funds

The audit for Wotje Atoll Local Government said $60,000 in funding from a Japan grant for the construction of a community center was misappropriated (embezzled) in the 2009-2014 period. Checks for $40,000 and $20,000 were issued to a company for building materials, but “based on our review of the supporting invoices, they appear fictitious as […]