Despite the disappearance of $375,000 from the Trinidad and Tobago Coast Guard (TTCG) senior rates mess account revealed in a Guardian Media Limited (GML) investigation last week, there will still be a Christmas dinner for its members to be held at Estate 101 on December 21.
Senior sources inside the Coast Guard told Guardian Media that the party “has been downscaled to a cocktail party due to limited funds that would have been only gathered from senior rates members between September and December this year.
Guardian Media Limited, during a three-week investigation, found out about the possible misappropriation of funds that allegedly occurred over the last year in which the $375,000 went missing from the senior mess rates account at Republic Bank in West Mall.
A senior enlisted Coast Guard officer is now the subject of an internal investigation as well as a police investigation into the missing money.
Sources say that a few days after the Guardian Media investigative story, the internal investigation began and is expected to be completed soon.
The 370 mid-level officers contribute $200 monthly to the mess account. Of that, $150 is their contribution to the annual Christmas dinner while the other $50 goes towards the mess upkeep.
In 2018, there were changes in the executive of the senior mess rates, but the official handover to the new executive signatories was only done in August this year.
Days later an audit began and was conducted by Fleet Chief Petty Officer Bailey, also of the Acting Command Fleet, where financial irregularities and possible misappropriation of funds were discovered.
The findings of the audit were later forwarded to the Commanding Officer of the TTCG, Captain Archer.
The Coast Guard later confirmed an internal investigation into the disappearance of the money.
The senior enlisted officer under investigation admitted to his colleagues in a whatsApp chat in late September that he had withdrawn the money from the account and placed it in a friendly society without getting the proper permission to do so.