SVG

Auditors seek ‘the truth’ about fraud ring at IADC

KINGSTOWN, St. Vincent – A forensic audit underway at the state-owned International Airport Development Company (IADC) is seeing to unearth “the truth of what is taking place” after a fraud ring was uncovered there in February.

The forensic auditors will also help with “restructuring inside of the IADC itself,” Prime Minister Dr. Ralph Gonsalves said Tuesday.

IADC Communications Officer Jennifer Richardson-Herbert said in February that police were investigating a fraud ring at the company — charged with the construction of the EC$652 million Argyle International Airport.

Two junior employees colluded to defraud the company of EC$63,744 by billing for more food than was delivered to the company, Richardson-Herbert said.

The audit would also seek “to provide evidence for the police,” according to Gonsalves.

“I have not been advised since I returned whether the forensic audit is complete,” said Gonsalves, who was in Barbados for two weeks because of illness.

“If it is not complete, it should be nearing completion by now and for the report to come in and then we will know what is happening thereafter with the IADC and the police,” he said at a press briefing.

Richardson-Herbert did not responded to an I-Witness News email request for an update on the investigation two weeks ago.

I-Witness News was unable to confirm whether she received the electronic communication.

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Discussion

13 thoughts on “Auditors seek ‘the truth’ about fraud ring at IADC

  1. I will say better late than never, am glad that some investigation is take place at our ( IADC) hope and prayer at the end of the day someone will make to pay, not just talk but action, it is hard for we as tax payers who paying for that project and some people just decided to do their own thing.

    Mr. Prime Minister when as people of this blessed land going to see and read finance update of our project, what is the true picture cost of this project? And for real is this project really coming to reality 2013, that is next year God’s willing. We need the truth

    Posted by prince | May 20, 2012, 11:17
  2. ITS ALL PEANUTS COMPARED WITH US$1 MILLION IN CASH PRESENTED IN THE OLD CROCUS BAG, OR THE BIG SHARE OUT AMONG THE 17 ULP AND THEIR FAMILIES OF US$s CASH.

    WHERE DID THIS MONEY COME FROM. CLEAN MONEY COMES VIA A BANK TRANSACTION, NOT US$ CASH IN A BAG.

    DIRTY DIRTY DIRTY DIRTY DIRTY DIRTY DIRTY, seven times.

    IADC is only pennies and cents compared with this unexplained matter. We need a forensic audit and police investigation into the US$1 million cash.
    DON’T HOLD YOUR BREATH, IT WILL NEVER HAPPEN UNTIL THE GOVERNMENT CHANGE.

    THE AIRPORT IS CARRYING THE CHRISTIAN BLOOD CURSE, AND SO ARE THOSE RESPONSABLE IN TAKING DIRTY MONEY FOR THE AIRPORT FROM IRAN AND OTHER COUNTRIES, COUNTRIES THAT EXECUTE CHRISTIANS FOR BEING CHRISTIANS.

    ALL YOU VINCENTIAN CHRISTIANS AND YOU IN THE DIASPORA WHO PROFESS TO BE CHRISTIANS, ALL YOU WHO DO NOT SPEAK OUT ABOUT ALL THESE DIRTY HAPPENINGS, CANNOT BE TRUE CHRISTIANS.

    WAKE UP AND SMELL THE SULPHUR, YOU ARE ALL CLOSER TO HELL THAN YOU THINK.

    Posted by Peter | May 20, 2012, 11:31
  3. PRINCE, how many times do the PRIME MINISTER and the IADC have to give you and all the other UNINFORMED VINCENTIANS INFO about the INTERNATIONAL AIRPORT?

    Do you LISTEN to the PRESS CONFERENCES of the PRIME MINISTER?

    Do you LISTEN to MEETINGS of PARLIAMENTS?

    Did U LISTEN to the BUDGET DEBATES?

    Did you VISIT the IADC WEBSITE for INFO?

    http://www.svgiadc.com/

    It is IRRITATING seeing people of your ILK ask the same QUESTIONS over and over when the ANSWER has been in the PUBLIC DOMAIN for YEARS.

    Did you LISTEN (BROADCAST LIVE on the INTERNET) to or ATTEND the TOWN HALL MEETING in BROOKLYN SPONSORED by the FRIENDS of the ARGYLE INTERNATIONAL AIRPORT on SATURDAY?

    EVERY and ANYTHING that you WANT to know about the INTERNATIONAL AIRPORT were ANSWERED by CEO Dr. Rudolph Matthias of The International Airport Development Company Limited at that TOWN HALL MEETING.

    If you want to be INFORMED, I SUGGEST that you LISTEN to SOURCES who can PROVIDE you the FACTS and not PROPAGANDA.

    Posted by VINCYPOWA | May 20, 2012, 17:22
    • VincyPowa, and others, Have you ever visited the IADC’s physical location? Do so at least twice per month and you will see that things are not right out there. Why should a company like that be providing lunch and break two times a day everyday for free to employees. The turnover of employees is extremely high for a company like that. Out there is the dumping ground it seems like for anyone ULP who is retired, fired, and a good booth licker.

      So VincyPowa, you need to get a hold of truth and stop being a propogandist. Thats wicked of you and all others who knowingly spread sugar coated lies just to get benefits. God will get you.

      Posted by justice | May 21, 2012, 18:40
    • VINCYPOWA, the RALPH HATERS closed their ears to the truth, that’s not a part of their vocab….

      Posted by no-nonsense | May 27, 2012, 10:00
  4. “Thief from thief make God laugh”

    Posted by Joe | May 20, 2012, 21:58
  5. THE HERESY OF WORSHIPING A FALSE GOD IS UPON YOU, TO WORSHIP A MAN AS IF HE IS A GOD IS HERESY. TO ACT UPON HIS WORD BEFORE THE WORD OF GOD IS HERESY.

    WHERE DID THE US$1 MILLION IN CASH PRESENTED IN THE OLD CROCUS BAG, OR THE BIG SHARE OUT AMONG THE 17 ULP AND THEIR FAMILIES OF US$s CASH COME FROM?

    WHERE DID THIS MONEY COME FROM. CLEAN MONEY COMES VIA A BANK TRANSACTION, NOT US$ CASH IN A BAG.

    A MAN THAT WORSHIPS OBEAH IS A HERETIC.

    JERIMIAH 14:14: 16
    And the Lord said to me: “The prophets are prophesying lies in my name. I did not send them, nor did I command them or speak to them. They are prophesying to you a lying vision, worthless divination, and the deceit of their own minds. Therefore thus says the Lord concerning the prophets who prophesy in my name although I did not send them, and who say, ‘Sword and famine shall not come upon this land’: By sword and famine those prophets shall be consumed. And the people to whom they prophesy shall be cast out in the streets of Jerusalem, victims of famine and sword, with none to bury them—them, their wives, their sons, and their daughters. For I will pour out their evil upon them.

    JERIMIAH 6:13:15
    “For from the least to the greatest of them, everyone is greedy for unjust gain; and from prophet to priest, everyone deals falsely. They have healed the wound of my people lightly, saying, ‘Peace, peace,’ when there is no peace. Were they ashamed when they committed abomination? No, they were not at all ashamed; they did not know how to blush. Therefore they shall fall among those who fall; at the time that I punish them, they shall be overthrown,” says the Lord.

    OBEAH
    In the practice of Obeah forced sex and rape is common place. In Africa pedophilia is also common practice.
    The people who practice Obeah, also do not believe in God/Jahovah or they despise him.

    Posted by Peter | May 21, 2012, 09:44
  6. Gonsalves said “ I only work Obeah for the Lord. [No one can work Obeah for God, so can we assume he refers to the Lord of Darkness, the devil himself?]

    At Park Hill, Gonsalves said that; “I am so popular that they all want to touch my Garment”. [here he is comparing himself to Jesus, would a Christian make such a statement?]

    He stated in Mespo, that his FACE was like Jesus face but Eustace was not. [would a Christian say such a thing]

    In Calder he said that he would destroy Vynnette and the NDP in the name of the Lord. [which Lord, it could not be God, once again is he reffering to the Lord of Darkness, the devil himself?]

    These Statements can only be considered as blasphemous.

    This Despot also stated when he got into power that a STAR was born, he also stated he is the Caribbean KING.

    And you so called Christians support and follow such a man?

    And as for you leaders of the Church’s that support him, you are the worst of all.

    Iran have an open policy to execute any one who claims to be a Christian in Iran, unless they refute Christianity. Christians in Iran are persecuted, tortured and executed. They are refused work and whole families are starved.
    We did a deal with Iran whereby we vote for or with them at the UN whenever sanctions are voted on or while Christian and human rights in Iran are voted on. In return they have given us money which was put into the airport. [Is this the act of a Christian?]
    Now the airport at Argyle is known as the ‘Christian Blood Airport’ resulting with the airport and all who seek this dirty money for it, cursed.

    NOW WHAT IS WRITTEN HERE IS FACT NOT FICTION, HOW DO ALL YOU CHRISTIANS RECONCILE YOURSELVES WITH GOD.

    Posted by Peter | May 21, 2012, 10:39
  7. maybe if they billed for 63000 in jump drives or kfc they would have gotten off,and gotten scholarships

    Posted by Jahu | May 21, 2012, 11:57
  8. Well when yo own the country and own the jobs and yo own the airport. Wouldn’t you own the money too?

    Posted by blane | May 21, 2012, 14:45
  9. JUST TELL THE PEOPLE WHO THE CATERING COMPANY WAS.

    TELL THE PEOPLE WHAT TOP ULP INVOLVED.

    DON’T EXPECT TO GET ANY ANSWERS, THIS WILL BE BURIED.

    Posted by Peter | May 29, 2012, 19:50
  10. JOBS FOR VINCENTIANS.
    DOWN WITH COMMUNIST OPPRESSION IN CUBA.
    CUBAN COMMUNISTS, GO HOME!
    TO HELL WITH COMMUNISM.

    SVG FOR EVER.

    Posted by STEVE_HUGGINS | May 29, 2012, 23:17
  11. ASK THE AUDITOIRS TO INVESTIGATE THIS

    In 2009, the IADC purchased, from its own resources, 25 pieces of heavy equipment costing EC $12 million, namely: 17 Articulated Trucks; 2 Motors Scrapers; 2 Bulldozers (1 – D8 and 1 – D9); one Caterpillar 345 Excavator; one Caterpillar 330 Excavator, with Hydraulic Hammer; one Wagon Drill; and one Kobelco Crane.

    There is something seriously wrong with this cost [EC$12million]. Its about double what it should be.

    For instance the Terex Articulated trucks are ex British Military and were sold in the UK by UK government appointed agents for 1 £35,000 buy several for £32,000 each, or buy over 10 for $28,000 each.

    A fantastic buy with only 500 to 1000 hours usage, which makes them of almost new condition.

    The trucks at the airport originated from this source, I know because I checked at the time they were purchased posing as another buyer.

    Whichever of the UK government agents you chose to buy from the prices were the same and were set prices, I enquired by three agents.

    The cost of these trucks should be less than EC$2million.

    The other seven pieces of used equipment should not of cost more than EC$5million, and that’s on the high side.

    SOME QUESTION WE WANT ANSWERED

    Did IADC buy this equipment off its own bat, if so who was responsible for arranging and orchestrating the deals?

    Did an SVG government officer and department arrange and conduct the purchase of this equipment?

    Was a Vincentian company or individual or firm involved in these transactions?

    Was any overseas Vincentian individual or company involved in these transactions?

    Was an SVG senator involved in these transactions?

    Was payment made directly to the vending owners or agents or was the purchase made through third party dealers or agents?

    Posted by Peter | June 13, 2012, 10:10

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