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UPDATE: Getting rid of $12m with treasury closed is tall order – Hon Julian Fraser, RA
ROAD TOWN, Tortola, VI – “It doesn’t speak well for a government, Madam Speaker, to be constantly hoarding money when you owe people money and the people I am talking about are not the Rockefellers, I am talking about little Joe on the street…” this was according to Representative for the Third District Honourable Julian Fraser, RA.
Public needs to know: Has VI lost control of its treasury?
ROAD TOWN, Tortola, VI – Following the signing of the Protocols for Effective Financial Management between the Government of the Virgin Islands and the United Kingdom on April 23 2012, concerns continue to be raised regarding the objectivity of the document with some citing that it seems worse than sending the Territory’s budget to the UK for approval and represents a loss of control of the Territory's treasury.
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