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Two high-ranking managers at State Insurance, Accountant Andre Knight and Life Manager Janice Hodge, have reportedly been fired due to the regulators’ lack of confidence in the accuracy of their accounting statements.
The managers were also accused of providing misleading financial reports, leading to their termination.
Government-managed corporations have seen a string of resignations recently.
For instance, the General Manager of APUA, Esworth, recently went on pre-retirement leave following what the government said was his poor handling of the water situation in the country.
Similarly, the Chief Executive Officer of the Port, Euletta Francis, resigned, citing a lack of respect from Prime Minister Gaston Browne.
Over the weekend, the prime minister announced that non-performing workers, especially those in managerial positions, would be sent home.