L'express L'express 2 months ago

Audit as of June 30, 2024: MBC in the Red with an Abyssal Deficit of Rs 1.5 Billion

Audit as of June 30, 2024: MBC in the Red with an Abyssal Deficit of Rs 1.5 Billion

The latest audit report on the Mauritius Broadcasting Corporation (MBC), signed by Dharamraj Paligadu, presents an alarming assessment of the financial health and management of the public broadcaster. For the financial year ending June 30, 2024, a cumulative deficit of Rs 1.5 billion has been revealed, indicating a deterioration from the Rs 1.3 billion recorded a year earlier. At that time, the MBC was under the leadership of Anooj Ramsurrun.

According to the audit, the capital reserves have ...