The government of Canadian Prime Minister Justin Trudeau splashed billions in loan to ineligible recipients during the COVID-19 pandemic, an audit report revealed Monday (Dec 2). Auditor General Karen Hogan tabled the report in the House of Commons, which highlighted several irregularities in granting the contract involving public money and ensuring efficiency.

It is to be noted that Ottawa launched its Canadian Emergency Business Account (CEBA) programme in the face of the raging pandemic to help businesses deal with the&nbsp;resultant&nbsp;economic crisis. The programme saw the distribution of more than $49 billion in loan to over 900,000 small businesses. Now, Hogan’s report has found that over $3.5 billion of this fund went to ineligible and wrong beneficiaries.

According to the audit report, Canada’s Department of Finance also failed to provide “effective oversight” of more than $853 million in administrative spending.

Also read:&nbsp;<a data-ved="2ahUKEwiVjcbr0IqKAxVBdmwGHeCrBDoQxfQBKAB6BAgKEAE" href="https://www.wionews.com/world/canadas-trudeau-meets-premiers-as-trump-threatens-to-hit-canadian-goods-with-25-tariff-779848" jsname="YKoRaf" ping="/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://www.wionews.com/world/canadas-trudeau-meets-premiers-as-trump-threatens-to-hit-canadian-goods-with-25-tariff-779848&amp;ved=2ahUKEwiVjcbr0IqKAxVBdmwGHeCrBDoQxfQBKAB6BAgKEAE">Canada`s Trudeau holds emergency meeting as Trump threatens to hit Canadian goods with 25% tariff</a>

“CEBA represented a significant expenditure of public funds to support small Canadian businesses facing economic challenges during the COVID-19 pandemic,” Hogan’s report highlighted.

“While there was some flexibility in how government organisations approached programme planning, reporting, and contract processes during the pandemic to achieve results quickly, there was still an expectation of due diligence and controls around how public money was spent,” the report added.

It said the Trudeau government failed to manage the programme and over-relied on a single private contractor —Accenture, a global IT giant— to manage the fund.

Also read:&nbsp;<a data-ved="2ahUKEwiVjcbr0IqKAxVBdmwGHeCrBDoQxfQBKAB6BAgREAE" href="https://www.wionews.com/world/justin-trudeau-admits-having-no-hard-proof-when-indian-confronted-about-nijjar-killing-768123" jsname="YKoRaf" ping="/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://www.wionews.com/world/justin-trudeau-admits-having-no-hard-proof-when-indian-confronted-about-nijjar-killing-768123&amp;ved=2ahUKEwiVjcbr0IqKAxVBdmwGHeCrBDoQxfQBKAB6BAgREAE">Justin Trudeau admits Canada had no ‘hard proof’ of India’s role in Nijjar killing, only ‘intel’</a>

Of the $230 million budget set aside for contract spending, almost 91 per cent went to Accenture, which was awarded the contract without competition.

The audit report highlighted how the Trudeau government didn’t have a plan in place to collect loan payments if businesses default on them.

Of the total loans dished out, more than $8.5 billion were still to be repaid by businesses at the end of March this year.

(With inputs from agencies)

The government of Canadian Prime Minister Justin Trudeau splashed billions in loan to ineligible recipients during the COVID-19 pandemic, an audit report revealed Monday (Dec 2).

The government of Canadian Prime Minister Justin Trudeau splashed billions in loan to ineligible recipients during the COVID-19 pandemic, an audit report revealed Monday (Dec 2). Auditor General Karen Hogan tabled the report in the House of Commons, which highlighted several irregularities in granting the contract involving public money and ensuring efficiency. It is to be noted that Ottawa launched its Canadian Emergency Business Account (CEBA) programme in the face of the raging pandemic to help businesses deal with the resultant economic crisis. The programme saw the distribution of more than $49 billion in loan to over 900,000 small businesses. Now, Hogan’s report has found that over $3.5 billion of this fund went to ineligible and wrong beneficiaries. According to the audit report, Canada’s Department of Finance also failed to provide “effective oversight” of more than $853 million in administrative spending. Also read: Canada`s Trudeau holds emergency meeting as Trump threatens to hit Canadian goods with 25% tariff “CEBA represented a significant expenditure of public funds to support small Canadian businesses facing economic challenges during the COVID-19 pandemic,” Hogan’s report highlighted. “While there was some flexibility in how government organisations approached programme planning, reporting, and contract processes during the pandemic to achieve results quickly, there was still an expectation of due diligence and controls around how public money was spent,” the report added. It said the Trudeau government failed to manage the programme and over-relied on a single private contractor —Accenture, a global IT giant— to manage the fund. Also read: Justin Trudeau admits Canada had no ‘hard proof’ of India’s role in Nijjar killing, only ‘intel’ Of the $230 million budget set aside for contract spending, almost 91 per cent went to Accenture, which was awarded the contract without competition. The audit report highlighted how the Trudeau government didn’t have a plan in place to collect loan payments if businesses default on them. Of the total loans dished out, more than $8.5 billion were still to be repaid by businesses at the end of March this year. (With inputs from agencies)

Massive $3.5bn error revealed in Trudeau’s Covid relief scheme for Canadian businesses

A bizarre story of a 24-year-old Japanese guy collecting 46.3 million yen ($358,857) in Covid relief payments was published in Japan Today. That sum was supposed to be distributed among 463 homes in Yamaguchi Prefecture, Japan, as 100,000 yen (almost $774.76) each.

At the time, the mayor had apologised for the clerical error that had resulted in the miscalculation and was allegedly looking into recovering the funds. However, it has just been discovered that the individual who received the large amount of cash by mistake has vanished!

At the time, the mayor had apologised for the clerical error that had resulted in the miscalculation and was allegedly looking into recovering the funds. However, it has just been discovered that the individual who received the large amount of cash by mistake has vanished!

According to JapanToday, the man began shifting quantities of roughly 600,000 yen every day for about two weeks after discovering the windfall payment in his account on April 8, 2022.&nbsp;

Meanwhile, the Japanese town realised their mistake and set out to find the money. When they discovered where it had gone, they attempted to contact the individual right away but were unsuccessful.

When they finally caught up with him on April 21, 2022, he told them that the money had vanished from his account and that "it could no longer be undone." I'm not going to run. "I shall be held accountable for my wrongdoing."

However, here was the issue. The man had already vanished.

All of this put officials in a tricky legal situation, because they technically gave him the money by mistake, and it wasn't quite theft in the strict meaning of the word.&nbsp;

Watch | Covid lockdown hit China sales, Japan's factory activity expands

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/covid-lockdown-hit-china-sales-japans-factory-activity-expands-475626/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

They sought advice from lawyers and law enforcement, and on May 12, 2022, they finally took action by filing a lawsuit against the individual, seeking 51.16 million yen in compensation for the money he took, plus legal fees.

During the time it took the town to file a lawsuit against the 24-year-old, he cleared out his bank account, quit his job, and moved out of his house.

Needless to say, this clerical error has turned into a circus.

WATCH WION LIVE HERE

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A bizarre story of a 24-year-old Japanese guy collecting 46.3 million yen ($358,857) in Covid relief payments was published in Japan Today. That sum was supposed to be distributed among 463 homes in Yamaguchi Prefecture, Japan, as 100,000 yen (almost $774.

A bizarre story of a 24-year-old Japanese guy collecting 46.3 million yen ($358,857) in Covid relief payments was published in Japan Today. That sum was supposed to be distributed among 463 homes in Yamaguchi Prefecture, Japan, as 100,000 yen (almost $774.76) each. At the time, the mayor had apologised for the clerical error that had resulted in the miscalculation and was allegedly looking into recovering the funds. However, it has just been discovered that the individual who received the large amount of cash by mistake has vanished! At the time, the mayor had apologised for the clerical error that had resulted in the miscalculation and was allegedly looking into recovering the funds. However, it has just been discovered that the individual who received the large amount of cash by mistake has vanished! According to JapanToday, the man began shifting quantities of roughly 600,000 yen every day for about two weeks after discovering the windfall payment in his account on April 8, 2022. Meanwhile, the Japanese town realised their mistake and set out to find the money. When they discovered where it had gone, they attempted to contact the individual right away but were unsuccessful. When they finally caught up with him on April 21, 2022, he told them that the money had vanished from his account and that "it could no longer be undone." I'm not going to run. "I shall be held accountable for my wrongdoing." However, here was the issue. The man had already vanished. All of this put officials in a tricky legal situation, because they technically gave him the money by mistake, and it wasn't quite theft in the strict meaning of the word. Watch | Covid lockdown hit China sales, Japan's factory activity expands They sought advice from lawyers and law enforcement, and on May 12, 2022, they finally took action by filing a lawsuit against the individual, seeking 51.16 million yen in compensation for the money he took, plus legal fees. During the time it took the town to file a lawsuit against the 24-year-old, he cleared out his bank account, quit his job, and moved out of his house. Needless to say, this clerical error has turned into a circus. WATCH WION LIVE HERE

Japanese man receives entire town's Covid relief funds, disappears with the cash

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Massive $3.5bn error revealed in Trudeau’s Covid relief scheme for Canadian businesses

Japanese man receives entire town's Covid relief funds, disappears with the cash