A new report from provincial auditor general Michael Pickup says BC Hydro has not established a fraud risk management program for the Site C hydroelectric project, although it has some elements in place.
Michael Pickup’s audit did not look for or investigate possible instances of fraud, but makes five recommendations to improve fraud risk management at the 16-billion dollar project.
His report calls on BC Hydro to fully implement the fraud risk policy it introduced for Site C in January and to provide fraud training to all staff.
Hydro says it has completed three separate internal audits of Site C with no major findings, and it regularly analyzes payment data for potential fraud. (The Canadian Press)