Wholesale Jerseys China I do not express an opinion on the financial statements

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By Abena RockcliffeOpposition Leader Bharrat Jagdeo is advising swift action against those white collar criminals who deprived the nation of its wealth during his tenure as President.Opposition leader, Bharrat JagdeoYesterday he told the media that the government should “Find them and lock them up.”Jagdeo made this statement as he answered questions during a press conference at Freedom House.Kaieteur News sought to solicit Jagdeo’s views on recent revelations of major discrepancies highlighted in the recent Auditor General’s reports on financial statements of the Transport and Harbours Department over the years 2003-2007.It has been noted in the National Assembly that the report which indicated the discrepancies, was available since 2012 but the People’s Progressive Party/ Civic (PPPC) government refused to make it public. The PPP/C chose not to address the issues reflected in the report but the reason is not known.Jagdeo then said, “It is the same thing with these (Government) Ministers; they have to try to make us look bad.”He said,China Jerseys Wholesale, “Find the people, and lock them up. What is the problem? If you think that somebody at the Transport and Harbour Department was corrupt and the audit proves that,Wholesale NFL China Jerseys, call in the police tomorrow deal with it…”Jagdeo continued, “You can simply take them to court so there is absolutely no issue with that.”It appears as if billions of dollars has been siphoned off from the Transport and Harbours Department, which falls under the Ministry of Public Infrastructure previously known as the Ministry of Public Works.The money went unaccounted for under the People’s Progressive Party/Civic, while Anthony Xavier was Minister of Public Works and Jagdeo was President.Public Infrastructure Minister, David Patterson, said in the National Assembly that over the years,Wholesale NFL Jerseys, the Department’s income was grossly understated and the expenses were inflated.Patterson said that the document he read from was available since 2012 but the PPP/C, “for obvious reasons,” refused to have it laid in the House.In 2003, $597M was reported as income for the Transport and Harbours Department. However, a review by the Auditor General disclosed an income of $639M – a difference of $43M between the actual income and the stated amount.In addition, daily revenue returns that were prepared and sent by the outstation were not presented for audit verification. As a result, details of revenue collected at outstations could not be verified.Also, amounts totaling $156.4M were stated as expended for the administrative expenses. However, the general ledger reflected the amount of $154.5M, giving a difference of just over $1.9M.As a result,Wholesale Jerseys Cheap, the accuracy, completeness and validity of the amount expended could not have been ascertained.Again in 2004,Wholesale NFL Jerseys, the operating income was stated as $332.1M. However, the AG’s report showed an income of $639M – a difference of $307M.The trend continued in 2005.  In that year, $362.8M represented the operating income earned, but an analysis of the revenue reflected the amount as $658.3M.It was found that the revenue collected was understated by $295.5M.The year 2006 was no different. In that year, $488M was declared revenue but an analysis reflected the amount $805.2M was understated by $317.2M.Then in 2007, $718M was declared as the revenue for that year,NFL Jerseys Supply, but it was actually $830.4M understated by $112.3M.“Because of the significance of the matters described in the preceding paragraphs, I do not express an opinion on the financial statements,” said the Auditor General in his report.