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Missing millions located - Barbados Today

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The over $6 million that had previously been unaccounted for at one of the Barbados Revenue Authority’s (BRA) collection points has been located.According to Director of Finance and Economic Affairs Ian Carrington, the money was simply at a different collection point.He was responding to a concern raised in the Auditor General Report 2021, where it was revealed that there was a $6.62 million difference between what the cashier’s report for one BRA collection point stated and what the Central Bank indicated was collected.In that report, it stated that the cashier’s report of September 22, 2020, for the Treasury Office in Bridge Street Mall in Bridgetown, cheques totalling $10.19 million were recorded. However, there was a massive $6.62 million difference between that report and the $3,536,006.77 that the Central Bank listed as the amount received.

Source: Barbados Today - News You Can Trust.

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