In light of the recent extensive outrage over the egregious ripoff
perpetrated by four sanctimonious socialists and one professional politician ex-spouse on the denizens of the Downtown Eastside and the
rest of us taxpayers, the one key question that needs to be asked is
where is the oversight? Were there no audits performed at the
Portland Hotel Society prior to those imposed recently by Vancouver
Coastal Health and B.C. Housing? The period reported by the recent
audits goes back only three years, but one might readily conclude
that the spending habits of the PHS executive suite did not just take
off one day three years ago, and the total amount effectively stolen
is more than double what has been reported if one looks further back
in their accounting records.
In
a society that can shut down a child's lemonade stand for not
adhering to onerous health regulations, and requires us to keep
expense vouchers for a minimum six years, do our social welfare
agencies just shovel out money to dubious charities with no
accountability? It seems that standards of GAAP (generally accepted
accounting principles) which are so rigorously applied to commercial
enterprises were not observed at PHS, and for all I know may not
apply to charities in general. Does their tax exempt status relieve
them of CRA oversight altogether? While Ms. Kwan has made a token attempt at restitution of her known misappropriations, what about the
gang of four who are the principal abusers? Their relationships with
the guardians of our public funds call for meticulous examination.
