Fahie vows to comb financial records of NDP Gov’t
Hon Fahie made his intentions clear during a press conference today, January 7, 2019, at what he says could be his final press conference as a member of the Opposition in the Virgin Islands’ House of Assembly (HoA).
“The first plan is to make sure you review the books to know exactly where we are and to restore accountability and transparency and good governance,” Mr Fahie uttered.
Full review
“We have to make sure that we give a full account to the people of the Virgin Islands of the true picture of the finances of the territory,” he said.
According to Mr Fahie, transparency is necessary because he has no confidence in the reporting of the present administration which has Premier, Dr the Honourable D. Orlando Smith (AL) as its Finance Minister.
“In the last House of Assembly (HoA) for example, we were told that the country performed better than usual and we were not able to see a surplus after the expenses have been paid and one member even said that it looks like it is going to be a $25M surplus but that is not accurate,” the former Opposition Leader pointed out.
Justifying his position of doubt with the reporting skills of the National Democratic Party (NDP), Hon Fahie said there is a $15M loan which was secured in 2018, “Which means if you subtract the $15M loan, you don’t have a $25M surplus, you have a $25M deficit because you have to pay back this loan.”
He said that being accountable and transparent is one way the VIP will earn the trust of residents and key stakeholder. According to Mr Fahie, the NDP lacks transparency and accountability which has led to the demand for the local Recovery and Development Agency (RDA).
No Trust in NDP – Fahie
“The reason that we have the Recovery Development Agency, is because of the lack of trust in the Government. We were not policing ourselves over the last couple years so this was put into place out of fear,” he said.
He said donors and other investors were fearful that money donated towards the rebuilding of the Territory would not be used for its intended purpose under the NDP government.
According to Mr Fahie, the need to comb financial records is just one example of what needs to be done immediately inside of Government.
“Another area is to invest in our people… to make sure that this time, the economy doesn’t drive the people, but the people drive the economy,” he said.
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18 Responses to “Fahie vows to comb financial records of NDP Gov’t ”
Andrew kudos to you with the way you answered Zan Lewis at you press conference this morning. You really put him in his place and shut him down. Zan seems to be taking his duties to another level now, he sounds more political now than ever. I believe those questions he asking of late is sent to him via WhatsApp.
He needs to report the news and stop taking questions from bald head on watsapp.
He is a news prostitute. Zbvi needs to fire him once and for all.