Millions unaccounted for as Liard First Nation’s new council looks to sort out finances

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The new Chief of the Liard First Nation says it’s been a “difficult transition” getting into office as the First Nation’s financial records are in disarray.

George Morgan was elected chief of the Liard First Nation in June. He says the new council still doesn’t know how much debt the First Nation has accumulated.

The Liard First Nation opened its office to third party manager Ganhada in April 23, 2015 after a year of resistance. The firm has since handled all funding provided through Indigenous and Northern Affairs Canada as well as Health Canada.

“It wasn’t an easy transition because the outgoing council hasn’t been forthcoming. We’re having to do a lot of our own investigation. We’re trying to deal with banks directly and anybody who had had any dealings with the Liard First Nation,” he said.

Read more at CBC News

This article is summarized by Canadian Fraud News Inc.