TCIG doubles down on coming Statutory Board Review

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp Related Items:#magneticmedianews, #mismanagementingovernment, #newreviewforboardsofgovernment Facebook Twitter Google+LinkedInPinterestWhatsAppTurks and Caicos, April 13, 2017 – Providenciales –  Government boards and statutory bodies will be held more accountable as government now doubles down on talk of a coming review to ensure that there is responsible management.   Governor, His Excellency Dr. John Freeman said the recent challenges at the National Health Insurance Board are an example of how any sort of mismanagement can cost the country big time.   He said,  “The object lessons from the NHIB are particularly acute: it is not beyond the realm of possibility – as I have illustrated – that serious mismanagement of the NHIB or of certain other Boards, could cause a serious run upon the budgetary resources of TCI.”And the Govenror is saying that those entities with the more money to manage and more significant roles to play in running the country will be expected to perform at the highest levels.   The CIA or Chief Internal Auditor completed its report on the NHIP and now the Governor is reiterating that there will have to be reviews and that CEOs and Senior Management will have to accept that not only are they expected to run these entities efficiently and proficiently, but they will be held responsible if there are shortcomings.Firm words from the Governor who shared that as much as $45 million is forked over for medical care by the public purse, “This accounts for a significant proportion of TCIG’s overall expenditure costs and along with the contributions of residents across TCI requires prudent management and accountability,” he said.  Governor Dr Freeman added that he and the Premier are committed to a review.   Zaneta Burton has since rejoined the NHIB as its CEO, Floyd Seymour is no longer on as interim CEO.#MagneticMediaNews#NHIB#mismanagementingovernment#newreviewforboardsofgovernmentlast_img

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp Related Items:#magneticmedianews, #mismanagementingovernment, #newreviewforboardsofgovernment Facebook Twitter Google+LinkedInPinterestWhatsAppTurks and Caicos, April 13, 2017 – Providenciales –  Government boards and statutory bodies will be held more accountable as government now doubles down on talk of a coming review to ensure that there is responsible management.   Governor, His Excellency Dr. John Freeman said the recent challenges at the National Health Insurance Board are an example of how any sort of mismanagement can cost the country big time.   He said,  “The object lessons from the NHIB are particularly acute: it is not beyond the realm of possibility – as I have illustrated – that serious mismanagement of the NHIB or of certain other Boards, could cause a serious run upon the budgetary resources of TCI.”And the Govenror is saying that those entities with the more money to manage and more significant roles to play in running the country will be expected to perform at the highest levels.   The CIA or Chief Internal Auditor completed its report on the NHIP and now the Governor is reiterating that there will have to be reviews and that CEOs and Senior Management will have to accept that not only are they expected to run these entities efficiently and proficiently, but they will be held responsible if there are shortcomings.Firm words from the Governor who shared that as much as $45 million is forked over for medical care by the public purse, “This accounts for a significant proportion of TCIG’s overall expenditure costs and along with the contributions of residents across TCI requires prudent management and accountability,” he said.  Governor Dr Freeman added that he and the Premier are committed to a review.   Zaneta Burton has since rejoined the NHIB as its CEO, Floyd Seymour is no longer on as interim CEO.#MagneticMediaNews#NHIB#mismanagementingovernment#newreviewforboardsofgovernmentlast_img

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