1 Hr Video: Financial Secretary Appears At PAC

May 27, 2016

Financial secretary Anthony Manders appeared before the Parliamentary Standing Committee on the Public Accounts during their Public Hearing held yesterday [May 26] at St. Paul in Hamilton.

PAC Meeting Bermuda, May 26 2016-4

Mr Manders was questioned about Financial Instructions, and various aspects of the Airport Redevelopment Agreement between the Government and the Canadian Commercial Corporation, with his testimony spanning approximately one hour.

PAC Meeting Bermuda, May 26 2016-1

The PAC members are Chairman David Burt [PLP], Wayne Furbert [PLP], Lovitta Foggo [PLP], Cole Simons [OBA], Susan Jackson [OBA], Leah Scott [OBA], and Jeff Sousa [OBA]; and their stated purpose is to “examine, consider and report on the accounts showing the appropriation of the sums granted by the Legislature, to meet the public expenditure.”

1 hour video of the Financial Secretary’s testimony at the PAC meeting

Also appearing at yesterday’s PAC meeting was former Works and Engineering Minister Derrick Burgess, who discussed various matters including the cost of the Dame Lois Browne Evans court building, the Auditor General’s report and more. We will have the full video of his testimony later on today.

click here Bermuda Public Accounts Committee

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Comments (16)

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  1. Lois Frederick says:

    Why was this not held in the Senate? Why the grandiose presentation and setting for the seemingly very few in the audience?

    • High Road says:

      who cares. As long as they find the 800m

      • Lois Frederick says:

        That’s not the remit of the PAC. That’s the COI’s job.

    • hmmm says:

      Weird indeed….putting on a show of some kind is Mr Burt… “make it look more important and then people will consider its findings more important….. Distraction from the real investigations.

      PLP playing mind games with us regular Bermudians me thinks !

      • Its me again says:

        How?

        He had his own party memebers give evidence as well.

  2. aceboy says:

    Burt needs to step down. He is wasting time on the airport matter, which is not even a done deal yet, while spending very little time on “other matters” such as the Lois Browne Evans Building etc.

    He is the Chairman and directs the agenda. It is a massive conflict and should not be allowed to continue.

    • Sickofantz says:

      What makes you say it is not a done deal?

  3. DonnaC says:

    The discussion with PAC was very interesting. My question in this matter is as follows: has anyone been to the IMF (International Monetary Fund) website and looked at the recent development and prospect documentation.

    I attach an excerpt of the first paragraph of Chapter 1 of this documentation for review:

    “Major macroeconomic realignments are affecting prospects differentially across countries and regions. These include the slowdown and rebalancing in China; a further decline in commodity prices, especially for oil, with sizable redistributive consequences across sectors and countries; a related slowdown in investment and trade; and declining capital flows to emerging market and developing economies. These realignments— together with a host of noneconomic factors, including geopolitical tensions and political discord—are generating substantial uncertainty. On the whole, they are consistent with a subdued outlook for the world economy—but risks of much weaker global growth have also risen.”

    Thus, because there is so much uncertainty is this the best time to be doing a major capital expenditure. I am not saying not to do it but we need to be sure that this is in the best interest of the Bermudian people and our future generations, who potentially will impacted by taxes if there are short-falls in future potential arrivals.

  4. Infidelguy says:

    This is a pretty boring circus act!

    Why is it that MP’s Burt, Furbert and Foggo are unwilling to accept the reasoning being given for rejection of their request?

    Let’s be real. The only reason that these MP’s want this information prior to the completion of the agreement is so that they can plant more suspicion into the minds of the general public about Aecon and CCC.

    This is nothing more than a witch hunt!

    • Its me again says:

      They know that our law clearly states that they have the authority to have these documents regardless of whatever NDA was signed. Not hard top comprehend

      • Build a Better Bermuda says:

        Actually it doesn’t. The PAC can request any and all such documentation from government offices that could be requested in any such legal preceedings that would be before the courts… but the courts cannot so easily disregard NDA’s, so neither can the PAC. They do not have any legal authorities in excess of the the legal court system.

  5. Build a Better Bermuda says:

    After watching the video I can truly say this, the PLP… and in particular Mr. Burt, should never be allowed to represent us in any sort of contractual negotiations, whether international or local. The obvious attempts to flay the FS over answers they already received about high level and on going negotiations and repeatedly ask the same questions from different directions in an obvious attempt to insinuate some sort of foul play, because (as is typical of such negotiations where NDO’s would be in place) they aren’t even legally allowed to get all the information. And I do not believe for an instant that were this be on the other foot, would a PLP government be any more forthcoming and disclosing as they are demanding now. This hypocrisy is first and foremost among the reasoning for my belief of their unfit nature, seconded by the seeming either naïveté or ignorance of the nature of such contractual negotiations would be dangerous positioning for governing officers.

  6. Rockfish#2 says:

    1. Why is Burt acting as though he is a prosecuting attorney in a high profile murder case?

    2. Manders is clearly not going to change his stance on most of his responses, especially those that should be asked of his Minister. He is simply doing as he is told.