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governance issues

ceta financial mismanagement
Business

The Expectation of Accountability from CETA

by Aiden Abrahams
September 24, 2024

The Construction Education and Training Authority (CETA) faced intense scrutiny during its recent committee appearance, as concerns were raised about financial mismanagement, inadequate governance, and a toxic work environment. The committee has demanded comprehensive reports and mandated higher standards of accountability, transparency, and financial management. CETA’s substantial expenditure on legal matters and an overseas study trip intended to observe foreign construction practices have also been criticized, leading to further doubts about the Authority’s governance and fund management practices. The need for higher standards of accountability, governance, and financial management within organizations like CETA has been emphasized.

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