(CNS): Government has continued with a scaled-back involvement in the Dubai Expo 2020, which the auditor general found had cost the Cayman Islands around $2.5 million, most of which was not approved via the proper channels. The exhibition started in October last year and will last until the end of March but Cayman only began taking part in January.
The decision by the previous administration to partner with the UK at this event was based on a weak business case, the auditor found in a recent report, and the contracts relating to it were all signed just weeks before Cayman’s 2021 General Election.
The event was supposed to have opened in 2020 but the COVID-19 pandemic pushed the global business promo event into late 2021. This led to a revised approach by the Cayman Islands, including more virtual and online appearances designed to promote the country on the world stage as both a business jurisdiction and a tourism…
