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Holness promises full public disclosure on Dunn's River matter

Tuesday, January 08, 2019

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KINGSTON, Jamaica — Prime Minister Andrew Holness has promised a full public disclosure of the findings of an audit into the operations of the Dunn's River Falls and Park in St Ann.

The independent audit has identified significant and long-term fraud control failures, financial misstatements, insufficient processes, and gaps in information technology controls.

Read:Audit identifies fraud, financial mismanagement at Dunn's River

The prime minister disclosed on Twitter that he met with the Boards of both the Urban Development Corporation (UDC) and its subsidiary, the St Ann Development Company (SADCo)yesterdayand received a full brief on the report.

“The Boards will now move with speed and alacrity to ensure meaningful action is taken,” he said.

Holness also promised that: “There will be no cover-up on this matter. We will lay the whole matter bare to the public. It reveals another dimension to corruption.”

“Corruption is not always at the governance level, sometimes it's at the management level & the line staff, but nevertheless, whatever it is, it is the Government that is responsible,” he continued.

The audit was commissioned by the UDC and SADCo last August following reports of fraud at Dunn's River.

UDC said the Boards have taken immediate action to address the key findings, including the establishment of an independent and objective Programme Management Office (PMO) which will be required to drive sustainable change.

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