A province has been suspected with blowing taxpayer dollars on the casino. For one thing, when there seems to be an unreasonable amount of money charged for taxes, it is going to raise suspicion for the taxpayer. Recently, it was suspected that the insiders of province with their mind on their money has been playing with the money that they have been charging the residents. They have also been hiding what they were doing. As a result, people have not only been left paying an excessive amount of taxes, but they have been left in the dark about the activities of the province.
E-Gaming Goes Through An Audit
Jane MacAdam has released a report of an audit that revealed all of the activities of the dealings of a province’s e-gaming industry. As a result, it has been revealed that a few rich insiders have been playing very lavishly with the money of the Islander’s. Jane MacAdam has released a 57 page report in which she has pulled no punches and has revealed everything. Among the common themes throughout the page is the lack of protection of the interest of the taxpayers. For one thing, these insiders have not only failed to protect the money of the taxpayers, but they have also not been upfront with the spending of their money.
Failed Plan And Wasted Money
One thing that is certain is that the province officials have failed to follow a plan that would have made them $20 million annually. Instead, they have wasted $1.4 million on loans. These loans and payments will not come back to them. One of the hopes was that P.E.I. would become the internet gambling regulator for Canada. However, the province has made a bad decision on what to do with taxpayer dollars. As a result, they have been faced with dire consequences as a result of the audit.
Secret Spending, Conspiracies Confirmed
One of the worst aspects of this issue is that it confirms most of the conspiracy theories. With the activity taking place behind closed doors, they have lost a lot of trust from the taxpayers. Among the conspiracy theories that have been confirmed was the funneling of taxpayer dollars, deals with no documentation, distribution of insider information to certain friends, and plenty of other conspiracies. The only good thing about the issue is that it has been done away with 4 years ago.
Response To The Audit
When the audit was done, Premier Wade MacLauchlan has made a promise to take on this corruption with a whistleblower legislation. He is also willing to look over the problems that were discovered in the record keeping of the government. One thing that could be said is that when anything is left unchecked, it will result in something that is very unfortunate. In this case, it is a lot of secretive spending of taxpayers dollars. As a result, the people have lost a lot of trust in the government officials. On top of that, there are still some questions that need to be answered about this problem. Some of the major players have left the political arena.