• Email to friend
  • The Nassau Guardian Facebook Page
  • RSS Feed
  • Pinterest


Board gives Cargill May 21 deadline to meet

  • Algernon Cargill. FILE

Guardian Senior Reporter

Published: May 08, 2013

  • Share This:

    Share on Facebook Share on Twitter Email to friend Share

  • Rate this article:

Minister of Labour and National Insurance Shane Gibson said yesterday that suspended Director of the National Insurance Board (NIB) Algernon Cargill has been given a May 21 deadline to meet with the NIB Board about the findings of a forensic review into allegations made against him.

Gibson also suggested that a second report, which looked into accusations against fired NIB Chairman Greg Moss, revealed that the Marco City MP did nothing wrong.

Gibson said officials have made repeated requests to meet with Cargill and he accused the director of delaying the sit down.

He said if Cargill does not show up for the meeting, the board would make a decision without him.

“We wrote him asking him — he is still an employee of the board, still being paid — to attend a meeting,” Gibson told reporters before heading into a Cabinet meeting. “He said he was busy.

“We wrote him back and asked him to attend a meeting on May 21. He said he is not available until June 24.

“We wrote him back and told him he is an employee of National Insurance and either he shows up on the 21st or we will make a decision in his absence.”

Gibson said Cargill has had enough time to prepare a response to the report that was sent to his lawyers last week.

The report was completed by chartered accountants at the firm, Grant Thornton.

The report found that bonuses appear to have been improperly paid to Cargill and other executives, and highlighted reported irregularities in the award of certain NIB contracts for various projects.

The report also said that auditors found that Cargill is listed as an officer of the company owned by his brother that rented an apartment to NIB.

“Mr. Cargill responded to every single one of those allegations in an affidavit he filed last year,” Gibson said.  “This is nothing new to him. There is nothing new in the report.

“He had a copy of the letter (recommending his termination) last year. He responded in an affidavit in detail to everything that’s in the report, and so he had ample time to study it, to come up with his answers and to meet with us so we can put this whole situation behind us.”

The government received the reports in late March.

The firm was contracted to review the allegations made against Cargill in the 22-page letter written by Moss last November.

In the letter, Moss said NIB’s board voted to fire Cargill and another NIB executive.

Cargill was placed on leave pending the outcome of the investigation. He filed suit against NIB and Moss.

Gibson said the report that focuses on Moss “is what I expected it to be”.

“I wasn’t surprised by the outcome of the report on Moss,” the minister said.

He added: “I was always in contact with National Insurance from the time I was appointed minister. I knew of everything, just about everything that was happening in National Insurance, and based on the reports I got from day one, I was always told that Moss did nothing wrong.”

This content has been locked. You can no longer post any comment.



Today's Front Page

  • Enewspaper
  • Enewspaper
  • Enewspaper
  • Enewspaper

  • http://www.ansbacher.bs
  • http://www.walkinclinicbahamas.com
  • http://www.cfal.com
  • http://www.colinageneral.com
  • http://www.Colina.com