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News

June 26th, 2014
Poor Port Dev. tender process cost taxpayers over $1.7 M!

ROAD TOWN, Tortola, VI - While some will want the House of Assembly’s Public Accounts Committee’s (PAC) damaging report on the Ports Development Project to go away, the more one reads the report the more the testimony of public officers show corruption, conflict of interest and lack of transparency.

June 4th, 2014
15M EU funded project has no political ties – FS Neil M. Smith

ROAD TOWN, Tortola, VI – Financial Secretary of the Virgin Islands Mr Neil M. Smith sought to place on the record that the 15M Euro provided by the European Union which will be managed in the Virgin Islands (VI) has no government ties.

January 29th, 2014
ICIJ article brands VI as 'forbidden city'

ROAD TOWN, Tortola, VI – The International Consortium of Investigative Journalists (ICIJ) says the Virgin Islands (VI) stands near the top of the list of the world’s most secretive tax havens and that the Territory may have harboured some 40 percent of the world’s total offshore registered companies.

September 25th, 2013
FATCA reporting out of scope of gov’t – Wheatley

ROAD TOWN, Tortola, VI – Commentator Douglas Wheatley has taken issue with the government’s intention to facilitate reporting related to the Foreign Accounts Tax Compliance Act [FATCA] for citizens of the United States (US), positing that it is outside the scope of the Virgin Islands (VI) government.

March 19th, 2013
Jenifer C. O’Neal- another local out! Expat consultant in!

ROAD TOWN, Tortola, VI- While some politicians of the ruling National Democratic Party (NDP) Government claim in their rhetoric that they support the hiring of qualified locals, the number of Virgin Islanders being displaced in the country in regards to employment grows.

January 29th, 2013
Financial Secretary warns against wasting fiscal resources

ROAD TOWN, Tortola, VI – “Protocols for Effective Financial Management or not, we must manage our fiscal resources properly. We must get the most bang for each buck,” were the firm words of Financial Secretary Mr. Neil M. Smith at the Ministry of Communications and Works inaugural Retreat at Treasure Isle Hotel on January 24, 2013.

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