BVI News

FRASER: Stop misusing BVIAA development fund!

The Terrance B Lettsome Airport on Beef Island

Opposition Leader Julian Fraser recently called out the BVI Airports Authority (BVIAA) for using the Development Fund to finance operational needs of the organisation.

The BVIAA Development Fund is fuelled by a fee imposed on air passengers who travel to the territory. The purpose was to fund improvements at the airport.

However in recent years, the BVIAA has been using the fund for operational purposes and Fraser said the practice must stop.

“They (the BVIAA) saw fit to use the Development Fund for operational purposes. In other words, to pay salaries, buy paper clips, toilet paper, and all that stuff. Several years ago, I asked this question and that’s the answer I got. This time, in Standing Finance, I asked and that’s the answer I got. They need to stop it!” Fraser said.

He added that once a law is passed in House of Assembly, high-ranking public officers shouldn’t have the right to use those monies for purposes other than its original intention.

“And the Financial Secretary should not call them (public officers) up and tell them that if they want money they should take it from there. I hope that’s not the case. No one should be able to touch that fund. If they want to use the money in that fund, the legislation should come back to the House of Assembly for amendment, if we see fit,” the senior legislator said.

This is not the first time Fraser has raised questions about the misuse of the BVIAA Development Fund. He asked similar questions of former Premier Andrew Fahie who explained at the time that the fund was being used for other purposes because of financial constraints at the BVIAA.

Fraser also said he has a similar issue with funds from the Social Security Board that are used to buy “gifts”.

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9 Comments

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  1. Real story says:

    COI probes Sea Cows Bay harbour project..

    Like 5
    Dislike 1
  2. rastarite says:

    Fraser is still blowing hot air. He is a political persona non grata. He wasted thousands on an unnecessary wall at Nanny Cay and more thousands disappeared on the Sea Cow Bay development that didn’t happen. Where is the COI? Why is he still in govt?

    Like 10
    Dislike 2
  3. its about time says:

    FRASER FOR PREMIER

    Like 2
    Dislike 15
  4. I agree 100% says:

    BVI AA is waaaay over staffed…chose quality over quantity and you get more for your money…I agree with the hon Frazer.

    Like 11
    Dislike 5
  5. Island man says:

    The whole government and civil service are incompetent and/or corrupt. Get rid of all of the politicians and implement a full and detailed investigative accounting audit. Then we’ll see where our money has disappeared down the drain.

  6. So what's New says:

    Misuse of funds is nothing new. Surely BVIAA and Soxial Security aren’t the only statutory bodies or government institutions that mismanaged funds. You’ll be surprise how badly funding is mismanaged and financial audits come out clean

  7. To all Fraser haters says:

    FRASER FOR PREMIER 2023

  8. its about time says:

    FRASER FOR PREMIERRRRRRRRRRRR

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