[Updated with Auditor General's comments] The Bermuda Hospitals Board confirmed that the Department of Internal Audit will undertake a review of its finances, and that their Chief Financial Officer Delia Basden has been put on Administrative leave.
A statement from the BHB said, “Bermuda Hospitals Board today confirms that it has been informed by the Auditor General that an official review will be undertaken of its finances by the Department of Internal Audit.
“The 2011-12 Financial Reports will not be fully audited until the review is complete. As part of the Auditor General’s review process, BHB’s Chief Financial Officer, Ms Delia Basden, has been put on Administrative leave.”
CEO & President, Mrs Venetta Symonds, comments: “Although we expect this to be a challenging and thorough review, BHB welcomes the opportunity to ensure accountability and transparency in its financial reporting.
“It will bring the same level of attention and due diligence to our finances, through the review by Department of Internal Audit, that is being paid to our organizational governance through the Clinical & Governance Review.
“We are currently looking at our options with regards to ensuring continuity of financial leadership during this time. We look forward to the completion of the review and will cooperate fully as required.”
Update 5.31pm: Auditor General Heather Jacobs Matthews confirmed that she has recommended an immediate review of the Bermuda Hospitals Board as a result of concerns raised during the conduct of the financial audit.
Mrs. Jacobs Matthews also recommended that the Chief Financial Officer of the Bermuda Hospitals Board be placed on administrative leave pending the review, which will be conducted by the Department of Internal Audit.
The review will also cover the operations of Healthcare Partners Ltd., a fully-owned subsidiary of the Bermuda Hospitals Board.
The Auditor General stated that “It is standard practice for the Office of the Auditor General to refer matters to the Department of Internal Audit for review. The Department of Internal Audit will assess the Bermuda Hospitals Board’s operations to obtain reasonable assurance that its management control systems are adequate and operating effectively”.
The Auditor General further noted that the Department of Internal Audit’s observations and recommendations will be reported to the Bermuda Hospitals Board’s key stakeholders and to the Auditor General. Matters arising from the review will be publicly reported by the Auditor General