VIDEO: OPA Audit Cites “Suspicious Fluctuations” in PEALS Board Revenues

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Guam – The Office of Public Accountability has released a scathing audit of the Guam Professional Engineers, Architects and Land Surveyors [PEALS] citing the organization for failing to “adequately monitor its finances, operations or the actions of its employees.”

The auditors are critical of  the PEALS Board which was reportedly “unaware” of what the audit says were “suspicious fluctuations” in PEALS Fund revenues between 2006 and 2010.

READ the audit Highlights    

The auditors call the actions of the PEALS Board’s former Chairperson and Administrator “questionable”  and blames the Board’s “inattention” which “allowed significant revenue fluctuations to go unquestioned, inappropriate management actions to go unaddressed and misappropriation of cash to occur and remain undetected.”

READ the FULL audit

The OPA has forwarded their audit results to the Guam Attorney General with the recommendation that they investigate the issues raised further.