A recent audit by the Office of Public Accountability found nearly $788,000 in questionable credit and purchase card transactions at the University of Guam (UOG).
The report pointed to waste and weak internal controls, citing purchases made without proper documentation, approval, or adherence to UOG policy. While no fraud was identified, auditors raised concerns about oversight and compliance.
In response, UOG has suspended card use, conducted retraining for staff, and is reviewing its internal procedures. The university also noted it received a clean financial audit for Fiscal Year 2024.
In a statement released on June 6, UOG’s president Anita Borja Enriquez said she has become aware of the serious shortcomings in the University’s use of credit cards.
“I am suspending the current Purchase Card program and any other type of credit payment instrument until this situation can be further addressed, and additional training can be scheduled,” said Enriquez
She is allowing the Business Office credit cards including virtual cards to be used on a limited basis.
The audit is part of a broader government-wide review of credit and debit card spending.
