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NIB director to fight any audit 'misrepresentations'

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Algernon Cargill

By NEIL HARTNELL

Tribune Business Editor

nhartnell@tribunemedia.net

Attorneys for suspended National Insurance Board (NIB) director Algernon Cargill yesterday said they would fight “any negligent misrepresentations” made about their client in the forensic audit report delivered to the Government.

Alfred Sears, the former attorney general, expressing “surprise” that the report by the Grant Thornton accounting firm had not been handed to himself or his client, reiterated concerns about “the transparency and the process” surrounding the exercise.

Again questioning why Mr Cargill was not interviewed by Grant Thornton during the compilation of its report, despite the fact his activities as director would have been a key focus, Mr Sears said: “We reserve the right to challenge any negligent misrepresentations made in the report.

“And, since our client is said to be a subject of the report, we are equally surprised that a copy of the report has not been made available to us.”

Mr Sears added that he was “concerned about not seeing the terms of reference” given to Grant Thornton, which would have governed exactly what they examined at NIB.

When asked by Tribune Business what else concerned himself and Mr Cargill about the whole exercise, Mr Sears replied: “Certainly the transparency and the process.

“It is not only my client but other persons. We need to see it [the report]. When we see it, we will know what will follow.”

Grant Thornton was hired by the Government to conduct a forensic investigation at NIB after the bitter dispute between its then-chairman, PLP Gregory Moss, and Mr Cargill, burst into the public domain.

Both men made serious allegations against each other, via both court documents and letters leaked to the press, with the saga ultimately resulting in Mr Moss’s departure via resignation and Mr Cargill being placed on administrative leave.

Few details have emerged since the Grant Thornton report was presented formally to the Government on Sunday evening.

The only specifics disclosed by Grant Thornton’s Paul ‘Andy’ Gomez, and minister of labour and national insurance, Shane Gibson, were that the NIB Act and regulations needed to be updated, plus recommendations that NIB’s internal auditor report to the Board - not the director.

Mr Gibson went further on Tuesday, telling the media outside Cabinet that the report’s details were “shocking” and “worse than I thought they would be”.

He added: “I think that one thing that is very apparent is the fact that some individuals thought that their position gave them more authority than it did.”

But none of those individuals was named, and again, Mr Gibson gave no specifics on the report’s findings and recommendations.

Comments

SP 11 years, 7 months ago

The government commissioned a forensic audit into NIB affairs, not just Mr. Cargill, why would Cargill's attorney think they are privileged to the report before government had time to review it or anyone else?
. If Mr. Cargill's actions as NIB director were all above board he would have no reason for concern. So why is he squealing prematurely? Something doesn’t smell quite right with Mr. Cargill He has reacted like a cornered rat from the very first day of this situation.

Mr. Gibson’s assertion that “I think that one thing that is very apparent is the fact that some individuals thought that their position gave them more authority than it did.” Could be telling that things were afoot at NIB that were unauthorized by government. A fish starts rotting from the head, not the tail!

With rampant corruption being the order of the day at every level in this country, it would be highly extraordinary if Mr. Cargill as director of a Billion Dollar cash cow entity, operating under the usual slackness we all know permeates all government corporations is found to be the solitary individual around with clean hands.

Mr. Cargill as NIB director has caused many people a whole lot of unnecessary headaches and untold misery with his hard handed irrational style of administration.

It would give a great many people immense pleasure to see Mr. Cargill get a taste of his own medicine!

proudloudandfnm 11 years, 7 months ago

I cannot wait to see the audit done by Mr. Christie and Mr. Gomez of Grant Thornton. I have no doubt in the end Mr. Cargill will be vindicated. I just hope Mr. Gomez and Mr. Christie of Grant Thornton were objective in their findings. Hard to say though considering our PM Mr. Christie and our MP Mr. Gomez both share the same last name as the auditors. Funny how Cargill is accused of renting an apartment from his brother, yet we're all waiting with bated breath on a report from Mr. Christie and Mr. Gomez of Grant Thornton....

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