GovGuam ordered to explain excess withdrawal - KUAM.com-KUAM News: On Air. Online. On Demand.

GovGuam ordered to explain excess withdrawal

Posted: Updated:

by Mindy Aguon

Guam - District Court Chief Judge Frances Tydingco Gatewood has ordered that the Government of Guam explain why it withdrew $3.6 million more from the Solid Waste Management Division's bank account.  In an order today, the judge noted that the Division's expenses totaled $3.9 million, but the Treasurer of Guam withdrew $7.6 million from the account. 

The Treasurer was ordered to provide documentation supporting the excess withdrawal and if there is no justification, the government must re-deposit the $3.6 million in the bank or provide credit for future expenses by next month. Additionally, the court made it clear that with the government's chronic cash shortage, SWMD's bank accounts must be reserved exclusively for the use of the division.

Federal receiver Gershman, Brickner & Bratton was also ordered to work with the incoming administration to determine whether GovGuam intends to give up any claim to use any capital funding not required for compliance with the consent decree. The next status hearing is scheduled for April 13.

  • NEWS HEADLINESMore>>

  • Pair plead guilty in food stamp scam

    Pair plead guilty in food stamp scam

    A pair accused of nearly half a million in food stamp fraud pleaded guilty in the District Court of Guam. Singeo Singenes, who owned and operated S & I Mart in Barrigada, as well as Innocencia Esirom pleaded guilty to unauthorized use of food stamp benefiMore >>
    A pair accused of nearly half a million in food stamp fraud pleaded guilty in the District Court of Guam. Singeo Singenes, who owned and operated S & I Mart in Barrigada, as well as Innocencia Esirom pleaded guilty to unauthorized use of food stamp benefiMore >>
  • Southern villages brace for storm

    Southern villages brace for storm

    As the strongest winds are expected to strike the southernmost part of the island, those villages are preparing for the brunt of the storm. Guam Power Authority crews were spotted cutting trees too close to power lines, and down in Merizo, an excavator anMore >>
    As the strongest winds are expected to strike the southernmost part of the island, those villages are preparing for the brunt of the storm. Guam Power Authority crews were spotted cutting trees too close to power lines, and down in Merizo, an excavator anMore >>
  • Keeping visitors safe, busy through the storm

    Keeping visitors safe, busy through the storm

    By Bella Borja for KUAM News Despite strong winds blowing through and gray skies above, there were plenty of people spending pre-typhoon time down in Tumon Bay and in the water. And tourist district is also doing whatever possible to protect the visitors More >>
    By Bella Borja for KUAM News Despite strong winds blowing through and gray skies above, there were plenty of people spending pre-typhoon time down in Tumon Bay and in the water. And tourist district is also doing whatever possible to protect the visitors More >>
Powered by Frankly