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Disgraced University of Guyana Student Society President to publicly challenge Audit report

shot0002The report, conducted by the Audit Department of the University of Guyana, found that of the monies spent by the Student Society from last October to April of this year, less than half of the total amount could be considered bona fide expenses.

The Student body would have received over four million dollars during the seven months period which was investigated.

Disgraced President of the Student Society, Ganesh Mahipaul, has said that while the report outlines the body’s Treasurer as the compulsory signatory to the account, he was given authorization to also be a signatory from the Student’s Welfare Department. That department had sent a letter to this effort to the society’s bankers, Mahipaul stated.

He said the society’s Executive Council did not object to him being the compulsory signatory.

Mahipaul said he only met with the Auditor on two separate occasions to answer questions pertaining to the audit that was being conducted. He has since admitted to using the Student Society’s funds for personal use in the form of loans.

The Auditor has excluded some 125 thousand dollars from the Student Society’s expenses and concluded that Mahipaul was solely responsible for the amount. But he feels if he was given a hearing by the Auditor, that amount would have been challenged.

Mahipaul is considering legal action against the student body since he said he was never given a hearing and was suspended without any reason being provided.

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