$52 million missing from JTA - Audit Report
Auditors of the Jamaica Teachers’ Association (JTA) have reported that $52 million cannot be accounted for.
The figure is contained in an audit report the JTA leadership is expected to discuss with its members this afternoon at its annual conference now underway at the Sunset Jamaica Grande Resort in Ocho Rios, St Ann.
However, it expected that the amount defrauded could be higher as the illegal activity is believed to have taken place over a longer period than covered by the audit.
The conference will also address concerns about the cutting of benefits for teachers.
However, the highlight of today's conference will be the installation of Dr Mark Nicely as president for the conference year 2013-2014.
Nicely will take over from Clayton Hall.
Tonight, Doran Dixon will also be installed as the president elect 2013-2014.
Dixon will assume the post of president in 2014.
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