The special audit into the finances at the University of Guyana (UG) is at a standstill as authorities are yet to figure out who will stand the expense to conduct the probe.Auditor GeneralDeodat SharmaThis is according to Auditor General, Deodat Sharma, who told the Guyana Times that although the payment plan has not yet been finalised, plans are still onboard to have the audit done.“We still got it in plans… we are still waiting to hear but we have not gone in as yet and at the same time also, there is the main issue of who going to pay the fees, we got to really get that clarified. The Education Ministry’s Permanent Secretary had stopped the audit, so if we go ahead, somebody has to pay the fees. Normally, we have got to ensure that somebody acknowledges the payment,” he stated.The Auditor General noted that no ground work has been done as yet while noting that other options to conduct the audit may have to be utilised.Initially, the Audit Office of Guyana had contracted an independent company to conduct the much-needed and highly anticipated audit into UG – in light of allegations of mismanagement of funds.This particular audit was first ordered by the Education Ministry after a request was made by the two workers’ unions at UG to have such an investigation launched. The Ministry was reportedly going to stand the expense associated with the investigation.University of Guyana, Turkeyen CampusShortly after the independent company commenced its work into the matter, the Education Ministry withdrew its request for the audit, with no explanation given. Almost two months ago, AG Sharma has noted that the backlog of years UG did not complete its audited financial statements was a cause for worry.Sharma, whose agency audits Government’s public accounts on an annual basis, explained the importance of having those accounts edited to 2018. He was not convinced about the UG administration’s sincerity in clearing this backlog.The University of Guyana Senior Staff Association (UGSSA) and University of Guyana Workers Union (UGWU) have levelled these accusations, in particular. The Unions had joined forces to question why monies were allocated in previous budgets to entities which do not exist and what became of those funds.They had also demanded answers from the administration on how much money was spent on nonessential events within the last two and half years – which included, but were not limited to, the Law and Society series, the Turkeyen-Tain talks, and the Vice-Chancellor’s installation ceremony.They had argued that while these monies were being spent, the core units of the University, which include faculties and schools, had been informed that no money is available for essential repairs and payment for stationery, among others.In his 2016 Audit Report, Sharma had found that $209 million had been unaccounted for from the University of Guyana’s Science and Technology Support Project, funded by the Government of Guyana (GoG) and the International Development Association (IDA) under Credit Agreement No 4969-GY.However, the University had insisted that the monies were used for infrastructure projects on the campus, including a fibre optic cable to provide students with Wi-Fi.It had also noted that some of the monies were used to renovate the faculty buildings.
Share Facebook Twitter Google + LinkedIn Pinterest We are dry today over an overwhelming majority of the state. Now, there is a little action that we need to watch near the Ohio River, but most of the rain and thunderstorms we are seeing through the day today stay south in KY and WV. Still, it bears watching and we can at least see some clouds building at times through the day in the far south. The rest of the state will be sunny, dry and pleasant. Tomorrow we see sun followed by increasing clouds. Scattered showers and thunderstorms will be nosing into western Ohio by midnight tomorrow night and will then spread east from there across the state through the overnight and through Wednesday. Rain totals look to be from .25”-1.5” with 100% coverage. We all see rain tomorrow night through Wednesday. Thunderstorms will be needed to reach the upper end of the rain range, but we think where some potential for stronger thunderstorms Wednesday is. Thursday features mixed clouds and sun, but there is a chance of a few scattered to isolated shower in far southwest Ohio, near the Cincinnati area. Rain totals will be minor. Dry weather is in for the entire state Friday through the weekend. Thunderstorms develop overnight Sunday night in NW Ohio and will then move east across north central parts of the estate through Monday morning, ending up in NE Ohio by early to mid-afternoon. Most of this action stays north of US 30 until we get to Monday evening. Then, we see scattered showers sag south through Monday night and into Tuesday. We end up seeing .25”-.75” across 60% of the state when combining all action from midnight Sunday through Tuesday. We are dry Wednesday in all areas. For the extended period, we have scattered showers around for Thursday, July 5th. These will have only a .25”-.5” potential, but 70% coverage. Then a strong high-pressure dome moves in for the remainder of the forecast period, keeping us Sunny, dry and warm from the 6th through at least the 11th. Temps will be below normal today and tomorrow, but from Wednesday forward, we will see a move to above normal levels statewide. Overall, this pattern shows still timely moisture potential, but you notice each system is significantly smaller, has shorter duration and much less total precipitation than we have seen over the past 7 days. The map at right shows 10-day rain totals. Combine that with temps that rise quickly, and we will be looking at a much different forecast pattern for the start of July than what we saw for the month of June. Temps are likely not problematic but will look to stay above normal for most of the upcoming month.
Senior BSP leader Intezar Ahmad Abdi alias Bobby was on Saturday arrested in connection with the murder of a state government employee, a senior police officer said in Lucknow.Abdi’s name also figured in an arson attack at UPCC president Rita Bahuguna Joshi’s residence in 2009 and he was arrested in March this year before being released on bail.He was arrested on Saturday evening from Wazirganj area in connection with the murder of Saifer Haider Naqvi, Deputy Inspector General of Police, Lucknow, D K Thakur said.Saifer Haider Naqvi alais Saifi, an employee of the Social Welfare Department, was shot dead by unidentified persons near his house on March 2. Abdi’s name figured in the murder case after shooters arrested by Delhi police on May 18 revealed his involvement.The BSP leader was the chairman of Ganna Sansthan, a post equivalent to that of Minister of State. However, he was removed from the post on Friday.- With PTI inputs For more news on India, click here.For more news on Business, click here.For more news on Movies, click here.For more news on Sports, click here.
Giant bicycle headed to IndiaInternationally renowned bike maker Giant is all set to bring the world’s fastest bicycle, Propel Advanced SL 0, to India at a sticker price that will put the best Harleys to shame. This bicycle will cost, hold your breath, Rs 10.6 lakh and has been used in the Tour de France, the toughest bicycle event in the world. It has been vigorously tested in Europe to certify that it is fastest among them all. Propel’s frame will be made of carbon fibre, which is commonly used in making Formula 1 racing cars, as well as the Boeing Dreamliner aircraft. A total of 22 gears, along with numerous electronic gear components are responsible for the motion of this bicycle.Pravin Patil, MD at Giant Starkenn said, “The measure how fast a bicycle is how much air it can cut and how aerodynamic it is. There is no top speed, but it can do 70 kph and more.” He also stated the following, “During the Auto Expo, we brought our top of the line Trinity Advanced SL 0 that costs Rs 10.89 lakh and were surprised when it was picked up a month later. That gave us confidence that such expensive bikes will find takers here.”This bicycle will be imported from Taiwan in a semi-knocked down condition and will be assemble assembled in India by Starkenn Sports, the entity responsible for marketing Giant bicycles in the country. Giant already has stores in Pune and Bengaluru, and will be adding add Delhi and Mumbai this fiscal. According to the company, Hyderabad, Ahmedabad, Chandigarh and Chennai will follow suit next fiscal. These bicycles can also be purchased online.advertisementThe Indian premium bicycles market is estimated at roughly 250,000 units per annum, generating an overall turnover of Rs 100 crore.