{"id":9722,"date":"2011-06-27T09:54:10","date_gmt":"2011-06-27T13:54:10","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=9722"},"modified":"2011-06-27T10:13:13","modified_gmt":"2011-06-27T14:13:13","slug":"education-loan-authority-officials-under-investigation","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2011\/06\/education-loan-authority-officials-under-investigation","title":{"rendered":"Education Loan Authority Officials Under Investigation"},"content":{"rendered":"

In another example of white collar crime in The Bahamas, an ongoing investigation into the affairs of the Education Loan Authority reveals a number of questionable, possibly criminal, activites.<\/p>\n

In an exclusive front page article, The Tribune newspaper reports that they have seen documents revealing that an ELA official reportedly was paid a $10,000 per day fee without authorization, over $300,000 was spent in one day without supporting documentation and lavish parties were held at the house of a family member of an ELA senior official.<\/p>\n

With all the other sexual perversion<\/a> and rampant corruption<\/a> that has been discovered in the Ministry of Education, there is little wonder why the National Grade Average is near failing.<\/p>\n

Education officials have been too busy milking the system<\/a>, enriching themselves and raping children to concentrate on their jobs.<\/p>\n

Desmond Bannister, the no-nonsense Minister of Education, says he has spoken with the auditor general who is unable to provide any comments on the allegations.<\/p>\n

There appears to be a complete lack of control and no transparency in the dealing of the ELA which has an operating budget of over $2.5 million per year.<\/p>\n

Accusations have been made that officials at the Education Loan Authority are thwarting efforts by auditors to get to the bottom of the money squandering.<\/p>\n

The Tribune reports that ELA Chairman, Lowell Mortimer and Deputy Chariman, Hubert Chipman were either unavailable or had no comment. Board member Yvonne Isaacs hung up the phone on a reporter.<\/p>\n

Apparently, the last time the ELA completed an audit, which is supposed to be done annually, was in 2007.<\/p>\n

The FNM government does not seem to be too interested in completing an audit before the next general election as it could reflect badly on them.<\/p>\n","protected":false},"excerpt":{"rendered":"

Government officials are said to be “appalled” by the highly questionable activities of members of the Education Loan Authority.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[12],"tags":[93,31,21,40],"class_list":["post-9722","post","type-post","status-publish","format-standard","hentry","category-headlines","tag-corruption","tag-crime","tag-educational","tag-government"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/9722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=9722"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/9722\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=9722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=9722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=9722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}