16 million dollars in unauthorized payments over a 3 year period.
The east Port of Spain development company says it has uncovered a scheme that saw the millions being paid to an unauthorized vendor who was affiliated with an employee of the company.
In a media release today, the company says last month the EPOS engaged an independent firm to conduct an investigation based on a report from management.
It says preliminary findings unearthed the unauthorized vendor, forged cheques and the concealment of relevant records by employees between 2014 and 2017.
The release says a report was made to the fraud squad and civil action is ongoing to recover the monies that were misappropriated.