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‘You don’t need no RDA!’- Julio S. Henry

- Urges the VI Government to renegotiate certain terms & conditions of UK Loan Guarantee or refuse the offer
Commentator Julio S. Henry aka 'Sam’ (standing) has urged Premier and Minister of Finance Honourable Andrew A. Fahie (R1) to renegotiate the terms and conditions of the United Kingdom Loan Guarantee or refuse to accept the offer. Photo: VINO
From left: Premier and Minister of Finance Honourable Andrew A. Fahie (R1), Minister for Health and Social Development Hon Carvin Malone and Junior Minister for Trade and Economic Development Hon Sharie B. de Castro at the consultation meeting on the United Kingdom (UK) Loan Guarantee at the Eileene L. Parsons Auditorium, H. Lavity Stoutt Community College (HLSCC) in Paraquita Bay, Tortola, on August 21, 2019. Photo: VINO
From left: Premier and Minister of Finance Honourable Andrew A. Fahie (R1), Minister for Health and Social Development Hon Carvin Malone and Junior Minister for Trade and Economic Development Hon Sharie B. de Castro at the consultation meeting on the United Kingdom (UK) Loan Guarantee at the Eileene L. Parsons Auditorium, H. Lavity Stoutt Community College (HLSCC) in Paraquita Bay, Tortola, on August 21, 2019. Photo: VINO
Some of the persons in attendance at the consultation meeting on the United Kingdom (UK) Loan Guarantee at the Eileene L. Parsons Auditorium, H. Lavity Stoutt Community College (HLSCC) in Paraquita Bay, Tortola, on August 21, 2019. Photo: VINO
Some of the persons in attendance at the consultation meeting on the United Kingdom (UK) Loan Guarantee at the Eileene L. Parsons Auditorium, H. Lavity Stoutt Community College (HLSCC) in Paraquita Bay, Tortola, on August 21, 2019. Photo: VINO
Some of the persons in attendance at the consultation meeting on the United Kingdom (UK) Loan Guarantee at the Eileene L. Parsons Auditorium, H. Lavity Stoutt Community College (HLSCC) in Paraquita Bay, Tortola, on August 21, 2019. Photo: VINO
Some of the persons in attendance at the consultation meeting on the United Kingdom (UK) Loan Guarantee at the Eileene L. Parsons Auditorium, H. Lavity Stoutt Community College (HLSCC) in Paraquita Bay, Tortola, on August 21, 2019. Photo: VINO
PARAQUITA BAY, Tortola, VI- Recalling the historic and proud achievement in 1978 by the late Chief Minister Mr Willard Wheatley, who took the Virgin Islands out of Grant-in-Aid, which then resulted in the turnaround of the Virgin Islands economy, commentator Julio S. Henry aka’ Sam’ has urged Premier and Minister of Finance Honourable Andrew A. Fahie (R1) to renegotiate the terms and conditions of the United Kingdom Loan Guarantee or refuse the offer.

The United Kingdom (UK) through a recovery and reconstruction package for the Virgin Islands (VI) had promised up to £300 million in loan guarantees and £10 million in grants to support the territory's recovery after hurricanes Irma and Maria of 2017.

However, following the establishment of the Virgin Islands Recovery and Development Agency (RDA)—cited as created due to the UK government mistrust in the then NDP administration—the UK is now demanding that in order for VI to receive the funds, the territory's financial control be handed over to the Virgin Islands Recovery and Development Agency (RDA).

Premier Fahie has said while the loan is welcomed, the demands are far from reasonable and the VI is now faced with the question as to whether the territory is prepared to mortgage its birthright in order for the British government to provide the guarantee needed for the VI to access this critically needed funding.

‘We don’t want no welfare situation’ Julio S. Henry

Speaking at a consultation meeting on the UK Loan Guarantee at the Eileene L. Parsons Auditorium, H. Lavity Stoutt Community College (HLSCC) in Paraquita Bay, Tortola, on August 20, 2019 Mr Henry said the situation the VI is now facing with the UK seeking to take away the control of the Virgin Islands from the democratically elected government through the Loan Guarantee and the RDA is like trying to return the territory to the days of Grant-in-Aid.

He described Hon Fahie as the modern day Willard Wheatley and was of the view that the VI does not need to accept the Loan Guarantee under its present conditions, adding that the VI, just like in the past, would survive.

Mr Henry said he was a “young guy” when Grant-in-Aid was discontinued but he saw “progress in the BVI with loan, we paid it back, and without loan where we worked out of our own pockets and build [the territory] and I believe we are at that stage right now.”

The outspoken Mr Henry suggested that the Virgin Islands renegotiates for better terms under the UK Loan Guarantee or opt out.

“If you can’t get better terms we need a BVI exit just like the Brexit, because if they will not put anything in place to deficiently put them in a bad situation why should we?”

Reminding the Premier that a major note of his campaign was about the territory becoming self-sufficient, Mr Henry said the last thing the VI needed was to be put in a welfare situation.

“Yes you going to get the help but the help has to be where it is really a help and not a welfare situation. We don’t want no welfare situation in the BVI so you doing the right thing. Continue to bring the information forward,” Mr Henry said as he commended the Premier for bringing the matter to the public.

‘RDA was a mistake’

Meanwhile, Mr Henry labelled the RDA as a mistake, “but I believe it was a calculated mistake by people who didn’t have no vision and by people who weren’t even listening to their own selves,” as he took a swipe at the previous National Democratic Party (NDP) Administration.

“Because they are the same people who put up the same billboard on the roundabout encouraging us to tell them don’t sign this thing but they still sign it knowing fully well the position we would be in today. So thank you again for seeing this thing for what it is.”

Mr Henry again urged Premier Fahie to refuse to sign on to the UK Loan Guarantee unless renegotiated, adding that he is aware there are many things that still need to be fixed in the Virgin Islands following the devastating storms of September 2017.

“Don’t sign anything that would put us negative,” Mr Henry said and urged Government to “do the things you could do” and focus on empowering people to become less dependent on central Government.

“Let the UK stay where them eh,” Mr Henry added as he claimed the World Bank, “the globalist”, has been trying to get into the VI for a long time and the RDA is the first step.

“Kill it. If it is not going to work for us, get rid of it, negotiate something else. You don’t need no RDA.”

Mr Henry explained that the Protocols for Effective Financial Management was already in place, which should have made the RDA irrelevant.

“It is exactly the same thing but the UK failed to do their job,” Mr Henry said, adding that the Protocols had outlined what the UK was supposed to be doing, “the same thing they now telling us the RDA will do for them. Why they didn’t do it.

“Don’t sign nothing,” Mr Henry stated.

Thanking Premier Fahie for his astute leadership and his involvement of the people in decision making, Mr Henry said it is what he was looking for in the past 8 years.

“You know what needs to be done. Whatever challenges we have to face we going to face it together.”

14 Responses to “‘You don’t need no RDA!’- Julio S. Henry”

  • Dear Premier (21/08/2019, 11:58) Like (61) Dislike (11) Reply
    Stop misleading the people. We don't need interference. We need recovery. Let RDA do their work.

    Thank you
    • Power War (21/08/2019, 12:48) Like (16) Dislike (19) Reply
      Take the money. Get the country going. Every month of delay is one step backwards we going ....RDA wants their hands on the monies. The government wants their hands on the monies. Wonder why?. RDA. "Locals" Are fighting the Government...Our governments have proven to be reckless spenders... Trust has to be earned. Not spoken.. Take the money and prove Britain wrong . That this government is responsible and can actually be trusted ...
      • @ Power War (21/08/2019, 15:03) Like (36) Dislike (5) Reply
        Telling the people lies to get their hands on the Recovery money is enough proof that this government cannot be trusted.
    • BVIYoungman (22/08/2019, 21:44) Like (5) Dislike (0) Reply
      LET THE RDA DO THEIR JOB! WE NEED HELP! RECOVERY AINT REACH NOWHERE! PEOPLE SITUATIONS GETTING WORST! You all are messing up our chances of getting help man !
  • UncleBob (21/08/2019, 12:02) Like (7) Dislike (43) Reply
    We with the Premier all the way. Let the UK go back to Europe. We will survive. Just like Ireland and Scotland we will not take any more dictatorship rule from the UK. Next on our agenda is some post Brexit talks with the EU before October 2019. The EU has been good to the VI giving grants and assistance over the years. Let us build on that relationship. Forget the UK.
    • question (22/08/2019, 00:23) Like (0) Dislike (2) Reply
      Perhaps Brexit makes this a moot point but wasn't the reason the BVI had any connection to the EU based on it's being a British Overseas Territory?
  • WHAT!!!! (21/08/2019, 12:34) Like (31) Dislike (6) Reply
    As a so called radio host he should know the English language “ we don’t need no RDA” means you do need it.
  • On us (21/08/2019, 12:40) Like (21) Dislike (4) Reply
    If you giving your child mother monies for years yet your child always dirty. Always hungry. Always out of School.. Wouldn't you want to know what's going on with the monies you've been giving the mother...U wouldn't stop supporting your child. Because u lost trust in the mother. U will find a way to make sure the monies you gave goes toward the purpose. Taking care of your child. This is what is happening. Our government bad spent and didn't spend responsible and for the purpose meant for monies to be spent. So mistrust becomes real and justified. That's what we face. We caused it.. We have to deal with it. Take the money spend it wisely and for the purpose it meant for.. Prove you can be trusted and eliminate this cloud of mistrust from over our government heads which can be a permanent mistrust...
  • Mr. Hodge (21/08/2019, 12:49) Like (17) Dislike (1) Reply

    Whats funny the populist have the opportunities to voice there concerns at a meeting but instead we waste time hiding behind fake names and blogging bull sh*t. Please get the facts before blogging the first thing that comes to your mind.

  • Bulldawg (21/08/2019, 17:24) Like (5) Dislike (2) Reply
    Take the money and leave the weed.
    RDA will make sure the government don't miss use it.
  • Back wards (21/08/2019, 18:09) Like (8) Dislike (14) Reply
    We support hon Fahie all the way rda and their racist efforts must go
  • Charley Rose (21/08/2019, 18:50) Like (3) Dislike (13) Reply
    I have read a proverb many years ago and it resonate in my mind that a house divide against itself will not stand. Here we are in the face of a colossal giant, the UK government and we are not united to face it. The terms and conditions of the loan agreement between the United Kingdom government and the Virgin Islands government should not be looked at casually. It is very serious and whatever the outcome is, it will not affect some of the people of the Virgin Islands but all of the people. The conditions are equivalent to a recipe for disaster.

    This agreement will affect the entire population. Many business will find it very difficult to manage their affairs and educate the children, much less to take a vacation. The RDA is operating in the country as an independent entity and no reporting is done on its expenditure. The CEO of the RDA receives a hefty salary, more than anyone has ever been paid in the territory. That salary and allowance would have to be paid by the taxpayers. Whoever negotiated that salary and allowance for the CEO of RDA is an enemy of the country.

    I want to commend the Premier for informing the public of the modus operandi of the UK government and the people must be watchful or they will be returned to servitude. There was one caller to the radio talk shows since 2004 who had brought this issue of the impending challenges to the Financial services and tourism and many persons did not take it seriously. However, here we are face to face with it. We will have unite as a people and not be divided because of political affiliation. This is a national issue.
    • @ Charley Rose (21/08/2019, 20:15) Like (10) Dislike (4) Reply
      Educate yourself before making long (ignorant) statements. Stop drinking the cool aid.
  • Oracle of Delphi. (22/08/2019, 09:48) Like (5) Dislike (1) Reply
    So, the populist feeling is to get rid of RDA and UK oversight? Be careful for what you wish is the aphorism that comes to mind. Where exactly will the funds come from after they are gone? There is still a long way to go. The Territory has not exactly impressed in terms of how it has managed its projects and finances (Hospital, Pier Park, $ 1 mill wall, failed investment in airlines, etc), so ask yourself why would anyone else step up with funds to help BVIs? And, what would their terms and conditions be? Those that do step up will have ulterior motives not necessarily in the best interests of the Territory. Given the present state of UK politics and the fact that the BVIs represents 0.05% of the population of the UK, and $ 300 million loan guarantee about 0.0001% of UK's GDP, I'd say chances are vanishingly small that the UK wants another headache by taking over the Territory. It's not like there are vast untapped resources here. Perhaps one should consider another aphorism, along the lines of better the devil you know than one you don't.


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