Saturday, March 11, 2023

FORMER BVI PREMIER ANDREW FAHIE, CHARGED IN US, HAD A $10m SLUSH FUND TO PAY FRIENDS AND POLITICAL ALLIES

Andrew Fahie, the disgraced former premier of the British Virgin Islands, and who is awaiting trial in Miami on Federal money laundering, narcotics trafficking and other charges, Disbursed USD$10.7m under circumstances that have led present government leaders to call those payment a "slush fund," and demand accountability. The BVI Health Minister, relying upon an audit of accounts, has reported that there were more than 1000 disbursements, including more than 400 transactions of $10,000 and above, which required procurement processes under local regulations.

Fahie, who also held the portfolio of Minister of Finance while Premier, has been accused of failing to make payment in installments, and of obtaining progress reports from the recipients, many of whom are believed to have not delivered any value to the BVI for the money given to them, most of who were allegedly friends and political associates of Fahie. Corruption in the BVI caused the UK to threaten to implement Direct Rule over its territory, which is regarded as an extreme step in government.

During this time, funding for school repairs and infrastructure projects was ignored by the indicted Premier, who is currently not longer residing at his daughters' residence in Miami, under House Arrest, and who is believed to have been transferred to an undisclosed location for his personal safety, as he is suspected of being engaged in Substantial Cooperation with US law enforcement. Fahie was arrested and charged for attempting to assist what he believed to be drug cartel kingpins move narcotics through BVI territorial waters.

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