The Commission of Inquiry held their first Public Hearing on Monday [June 27] at St. Theresa’s Church Hall on Laffan Street in Hamilton.
The Commission is chaired by former Bermuda Court of Appeal judge Sir Anthony Evans, and the members include lawyer and former MP John Barritt, businesswoman Fiona Luck and businessman Kumi Bradshaw.
The Commission has been charged with investigating the findings of the Auditor General’s report on the Consolidated Fund for the 2010, 2011, and 2012 Financial Years.
The Auditor General’s report included information on instances of overspending, expenditures not having the required Cabinet approval, contracts not being tendered, duplicate payments being made and other issues pertaining to tens of millions of dollars.
40-minute video of the full hearing:
The Commission is operating under the following Terms of Reference: Identify breaches of Financial Instructions and how they arose; Consider the adequacy of safeguards and the system of accountability; Make recommendations to prevent recurrences and to mitigate financial, operational and reputational risks; Refer any evidence of possible criminal activity, which the Commission may identify, to the Director of Public Prosecutions or the Police; and Draw to the attention of the Minister of Finance and the Attorney General any scope, which the Commission may identify, to secure recompense under the Public Treasury Act, including Financial Instructions, and Civil Asset Recovery.