First Nations funds mishandled by Ottawa, audits show – CBC

by NationTalk on January 9, 2012487 Views

First Nations funds mishandled by Ottawa, audits show

The Canadian Press Posted: Jan 5, 2012

Two government audits show Ottawa is earmarking about a billion dollars a year to build and repair First Nations infrastructure, but its myriad of officials are not keeping proper tabs on how the money is spent.

Even as Prime Minister Stephen Harper accuses the Attawapiskat First Nations of mismanaging federal funds, the internal audits posted recently suggest the criticism could apply to the federal bureaucracy as well.

The audits say there are “significant gaps” in how the on-reserve infrastructure funding is controlled, and that the financial reporting system is riddled with inconsistencies.

Read more: http://www.cbc.ca/news/politics/story/2012/01/05/first-nations-audits-infrastructure.html

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