Audit report blasts NHC
A SPECIAL AUDIT by the Auditor General has admonished Government for the way it did business in constructing controversial high-rise apartment buildings at Valery and the Grotto.
But Minister of Housing Denis Kellman is convinced the National Housing Corporation (NHC) is well advanced in improving the way it is managed and does business on behalf of poor people.
In a 32-page report, Auditor General Leigh Trotman lambasted the NHC for not carrying out the necessary financial and technical review on both St Michael housing projects, advising that the NHC had broken the law by using financing from a specific fund to pay the contractor for the Valery project when it had no money to do so.
“Such a review would have assisted the board (of the NHC) in determining whether the proposals as presented met the corporation’s policy objective of providing housing for lower income persons in a cost-effective manner,” the Auditor General said. (BA)
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