Thursday, February 08, 2018

OHA TRUSTEES ORDER LLCs TO OPEN BOOKS FOR FORENSIC AUDIT

















The Office of Hawaiian Affairs Board of Trustees has confirmed an action requiring its LLCs to comply with information requests for its check registers.  The measure passed with eight votes.  Only Trustee Peter Apo, who had stepped out of the Board room, was absent when the vote was taken.

The independent audit is a separate endeavor from the recently completed state legislative audit of OHA.

Trustee Keli`i Akina, chair of the Audit Advisory Committee said, "Serious questions have been raised concerning the finances of OHA’s LLCs.  Now that the OHA board has made it clear that the LLCs must open their books to the independent auditor, I call upon the LLCs to cooperate fully with the internal audit.”  

Although OHA has been the subject of a recent State audit, the independent audit will cover additional territory as it examines OHA's LLCs for potential fraud, waste and abuse.