C.O.B. statement on misappropriation – ‘THIEFIN’ – of funds

0
979


Nassau, Bahamas – The College of The Bahamas has referred a matter involving the misappropriation of funds from the Business Office to the Royal Bahamas Police Force.

The College is in the process of new hires at the managerial level that will strengthen our financial management and oversight, and these appointments are going through the appropriate vetting process, including union involvement.  In the interim, The College wishes to advise that persons are engaged under a contractual arrangement from time to time to complete short-term projects that have a direct impact on the institution’s operational efficiency.

No further public comments will be issued at this time with respect to this matter.