New Brunswick Auditors are calling on the King's liquor company to be more accountable and transparent.
In a report released today,Paul MartinandNB Liquorhave the appropriate documentation to justify business decisions. Is missing.
According to Martin, the company has special arrangements with some producers, resulting in a lower rate of return than the profits of trading with other producers. I am.
Read more: At NB Liquor, sales of cooler boxes in fiscal year 2019-20 surged 15%
He says NB Liquor does not have the necessary documentation to justify the special transaction.
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Auditors effectively plan or participate in the development of the state's brewing industry as needed by the company. I added that it wasn't. By law.
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NB Liquor is an important source of revenue for the state, $ 1.7 billion in the decade to March 2021 Is donating.
Martin makes 19 recommendations, including increased transparency and accountability.
This report by Canadian Press was first published on June 23, 2022.
© 2022 TheCanadian Press
