Bahamas, July 3rd 2017 – Nassau – Three employees of the Bahamas Power and Light Company have been put on leave amid a forensic audit being done on the company’s finances. This is part of an ongoing investigation into allegations that millions of dollars were stolen from the company.
Minister of Works, Desmond Bannister explained that the action to relieve the employees, who were all managers, of their duties, was not an indictment nor was it political. Rather, it is a way to give auditors from Ernst and Young full access of all BPL files without inference or prejudice by staff.
Bannister also said he was unsure of how long the investigation would take nor could he give a specific figure of the amount of money that was allegedly stolen. However, the Assistant Commissioner of Police, Clayton Fernander seemed confident in saying that there is no doubt someone will be charged in this case.
Last month, four other employees were suspended and another terminated pending the outcome of the theft investigation.
Story By: Kay-Marie Fletcher
#MagneticMediaNews
