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first_imgAG 2015 Report…as NICIL collects B from GUYOIL but hoards half from TreasuryThe Ministry of the Presidency utilised millions of dollars in revenues it earned from the Guyana LotteryAuditor General Deodat SharmaFund for the building the D’Urban Park, Georgetown, without Parliamentary approval; and the National Industrial and Commercial Investments Limited (NICIL) collected $2 billion on behalf of Government but only turned over half that amount to the Treasury.These were among some of the pertinent findings of the Auditor General, Deodat Sharma, as he audited the accounts for the first year of the coalition A Partnership for National Unity/Alliance for Change (APNU/AFC) Government.Sharma’s 2015 report was made public on Thursday by Speaker of the National Assembly Dr Barton Scotland, when the House emerged from its annual two-month recess.According to Sharma’s findings, the Guyana Government earns 24 per cent of the proceeds from the Guyana Lottery Company but this money is paid into an account controlled by the Ministry of the Presidency and spent with the approval of Cabinet.Sharma in his report noted that at the beginning of 2015, that account held some $1.4 billion and it received an additional $421 million in 2015.D’Urban ParkThe Auditor General said following checks on the accounts, it was found that while Government transferred $1 billion of that money to the consolidated fund in 2015, it held onto just over half a billion dollars to remain under the control of the Ministry of the Presidency and it spent $305 million on various activities.According to a breakdown of the expenditure provided by the Auditor General, $36.5 million went towards the rehabilitation of D’Urban Park; $63.7 million went towards Mashramani celebrations; while another $51 million was utilised for ‘music’.Other activities funded by the Ministry of the Presidency using the Lotto proceeds related to Emancipation, Amerindian Heritage and Carifesta, among other celebrations.The Auditor General did observe in his 2015 audit that, “cash book and payment vouchers for 2015 to verify the details of the amounts spent were not presented for audit and the Deputy Accountant General explained that these were with the Forensic Auditor and had not been returned up to the time of the audit.”Monies from the Lotto Fund held by the Ministry of the Presidency has for years attracted the ire of the now Government since it was always adamant that all of the earnings constituted revenues of the state and should all be deposited into the treasury to be spent with parliamentary approval.This did not obtain.It was pointed out by Auditor General Sharma that while the Finance Ministry has budgeted for lottery receipts, expenditure continues to be met without Parliamentary approval.Sharma has since expressed his opinion that in this regard, the expenditure from the proceeds of the National Lottery should be accounted for by having a Supplementary Estimate passed in the national assembly and recorded in the Public Accounts.NICIL hoardsMeanwhile, the Auditor General found also that NICIL – another of the state-owned institutions, which the APNU/AFC has in the past criticised as a slush fund – continues to function in a manner where it retains significant bulks of its proceeds.This state of affairs has since been adversely reflected on the national accounts since a shortfall of $1 billion from NICIL represented more than half of what was supposed to be collected by Government as part of its revenues on dividends from non-financial institutions.According to the 2015 Audit Report, an amount of just over $1 billion was reflected as dividends from non-financial institutions, as received from NICIL for the Guyana Oil Company (GUYOIL) for 2015 as an interim payment.It was found after an examination of the financial statements for GUYOIL that in 2015 just over $2 billion was in fact handed over to NICIL which in turned over only half of that amount to the Treasury.Missing US$5MThe missing US$5 million that was supposed to be paid to NICIL by a Chinese-based company for shares held in the Guyana Telephone and Telegraph (GT&T) Company was also flagged by the Auditor General.According to Sharma, NICIL was the registered holder of 4,125 shares representing 20 per cent of the holdings in GT&T but this was sold in November 2012.“On November 8, 2012 upon signing of the agreement, an amount of $4.9 billion was transferred to NICIL… the Balance of US$5 million remaining should have been paid by the company within two years. At the time of reporting, no payment was made with respect to the outstanding balance.”Sharma reported that with respect to the audits of NICIL as an entity, the audit for 2014 is still being finalised.With regards to the company’s consolidated financial statements, “these have been completed and reports issued up to the year 2006.”last_img read more

first_imgThousands of ticketless supporters of German club Cologne arrived at the Emirates, with kick-off delayed by an hour in the interests of “crowd safety”.Police, forced into deploying extra officers, made five arrests after dealing with “disorder” at the Emirates as Cologne fans occupied home sections of the ground, with an estimated 20,000 supporters having travelled from Germany despite there only being 3,000 away tickets.Arsenal fell behind early on to a brilliant long-range strike from Jhon Cordoba before bouncing back in the second half, substitute Sead Kolasinac equalising before goals from Alexis Sanchez and Hector Bellerin saw the Gunners to victory.Afterwards Wenger said he was getting ready for the game to be postponed but was uncertain if the delayed kick-off was to blame for the Gunners’ poor start.Arsenal’s Chilean striker Alexis Sanchez passes the ball during the UEFA Europa League Group H football match against FC Cologne at The Emirates Stadium in London on September 14, 2017 © AFP / Adrian DENNIS“It’s difficult to say,” he said. “It was similar for Cologne but we had some problems to get off, to start, yes. I don’t know, was it mental?“We waited patiently in our dressing room but what was difficult for me was I had all kind of plans to think about at some stage.”– ‘Infiltrate’ –Wenger added: “I had to think if we play tomorrow at what time do we want to play, do we play next week but they had the Bundesliga again midweek and we had a League Cup game midweek as well.Atalanta’s forward Alejandro Gomez controls the ball during the UEFA Europa League Group E football match against Everton at the Mapei Stadium in Reggio Emilia on September 14, 2017 © AFP / MIGUEL MEDINA“But in the end at some stage I thought they would not play the game, because I can’t see the police taking any risk,” he explained.“We live in a society of 100 percent security and I thought they would never take a gamble to play this game when I saw the images around the stadium.“But I must say our supporters dealt well with the situation as well and there was no aggravation.”Wenger said Cologne fans had been “very clever” to get into areas reserved for home supporters.“I don’t know how they managed to infiltrate our fans and get everywhere but they did that very well. I don’t know if they went through Arsenal membership, on the internet… they did very well.”Atalanta’s forward Andrea Petagna (L) vies with Everton’s forward Nikola Vlasic during the UEFA Europa League Group E football match September 14, 2017 © AFP / MIGUEL MEDINAOne social media post appeared to indicate scuffles inside the ground, with Richard Conway, a BBC sports news correspondent, tweeting: “Koln (Cologne) fans fighting with stewards inside Emirates stadium. Group arrived in home end and fought their way into away section.”Cologne coach Peter Stoeger refused to be questioned on the actions of the club’s supporters: “I have no comment about the fans,” he said.“I’m the coach, my job is the team, my job is football not the fans,” the Austrian added.Milan’s forwards Nikola Kalinic (L) and Andre Silva celebrate the second goal during the UEFA Europa League group D football match against FK Austria Wien in Vienna, Austria on September 14, 2017 © AFP / JOE KLAMARAsked on the eve of the match if he had a message for the thousands of travelling Cologne fans, Stoeger replied: “Enjoy the pubs!”Cologne are currently bottom of the Bundesliga table, having lost all three of their opening games in this season’s German top flight.But they qualified for the Europa League after finishing fifth last term.0Shares0000(Visited 1 times, 1 visits today) 0Shares0000Police inside the stadium keep an eye on Cologne supporters in the stands as the kick off is delayed due to crowd safety issues ahead of the UEFA Europa League Group H football match between Arsenal and FC Cologne in London on September 14, 2017 © AFP / Adrian DENNISLONDON, United Kingdom, Sep 14 – Arsenal manager Arsene Wenger revealed he was contemplating a re-arranged fixture after the Gunners beat Cologne 3-1 in a Europa League opener marred by crowd trouble at the Emirates Stadium on Thursday.The Group H fixture kicked off an hour late following chaotic scenes inside and outside north London club Arsenal’s home ground.last_img read more

first_img KUSI Newsroom Categories: Local San Diego News FacebookTwitter Posted: April 19, 2019 SAN DIEGO (KUSI) – San Diego County’s unadjusted unemployment edged up slightly to 3.7% in March, despite both farm and nonfarm employment showing gains, according to figures released today by the California Employment Development Department.The region’s unemployment rate was up from a revised 3.5% in February and above the March 2018 rate of 3.4%. In January, the county’s unemployment rate was 3.8% — its highest rate since the third quarter of 2017.The latest figures show that nonfarm employment increased by 4,300 jobs from 1,489,700 in February to 1,494,000 in March, while farm jobs increased by 200, from 8,500 to 8,700. Multiple industries showed job gains of more than 1,000 while others lost at least 1,000 jobs.Government jobs increased by 1,700 from February to March, the most of any industry in the county. According to the EDD, 1,400 of those government jobs were added in local government. The leisure and hospitality and educational and health services industries also showed gains of 1,600 and 1,500 jobs, respectively.“Despite a modest increase in the unemployment rate, the report still shows that San Diego added jobs both month-over-month, and year-over- year,” said Sean Karafin, the San Diego Regional Chamber of Commerce’s vice president of policy and economic research. “The market is still essentially at full employment and talent attraction and retention continues to be an area of focus for growing employers.”Construction jobs decreased by 1,300 from February to March, the largest cutback of any industry. Trade, transportation and utilities jobs also decreased by 1,200 month-over-month.Year-over-year nonfarm employment increased countywide by 20,100 jobs, from 1,473,900 in March 2018 to 1,494,000 last month.Farm employment dropped by 500 jobs, from 9,200 to 8,700. Year-over-year employment in the manufacturing, professional and business services, educational and health services, leisure and hospitality and government industries all increased by at least 3,000 jobs.Year-over-year employment decreased by 2,800 jobs from March 2018 to last month, the largest decrease of any industry. Construction jobs also fell by 1,100 while information and financial activities jobs fell by 400 and 100, respectively.The state’s unemployment rate ticked up slightly from an adjusted 4.2% in February to an unadjusted 4.3% in March.Nationwide, unemployment held steady at 3.8%. KUSI Newsroom, April 19, 2019 San Diego County unemployment increased slightlylast_img read more

first_img KUSI Newsroom May 2, 2019 Posted: May 2, 2019 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) –  Navy petty officer who was behind the wheel of a pickup that plummeted over the side of a transition ramp to the San Diego-Coronado Bridge and landed in Chicano Park, killing four people, was sentenced today to nine years and eight months in prison.The sentence was the maximum available for Richard Anthony Sepolio, 27. He was convicted in February for the Oct. 15, 2016, crash that killed Annamarie Contreras, 50, and Cruz Contreras, 52, a married couple from Chandler, Arizona; and Hacienda Heights residents Andre Banks, 49, and Francine Jimenez, 46. Seven other people were seriously injured.Joining KUSI to discuss this sentencing is Criminal Defense Attorney Brian Watkins. Categories: Local San Diego News FacebookTwitter KUSI Newsroom, Brian Wakins: Sepolio sentenced in fatal Coronado Bridge crashlast_img read more