
Makwa Sahgaiehcan working with ISC following financial audit
A summary of a forensic audit conducted after Indigenous Services Canada received dozens of complaints regarding financial mismanagement by Makwa Sahgaiehcan First Nation has been released.
Their finding? There was a lack of or insufficient documentation for roughly $520,000 for expenses that might not be eligible under the funding.
The summary, which was released earlier this year, stemmed from allegations that date back to 2019, and the ISC had been given permission through a band council resolution to investigate.
According to the report, accounting firm PricewaterhouseCoopers (PwC) conducted the forensic audit for the period of April 2016 to December 2020 and found MSFN received roughly $74 million in ISC funding, along with $311,000 in First Nations and Inuit Health Branch.