Cost Of Six Trips By Premier David Burt

July 2, 2019 | 7 Comments

The Government Ministers travel webpage has recently been updated, providing information on six trips taken this year by Premier David Burt in March, April and May.

Bermuda Executive Forum

The trip duration was listed as from March 20, 2019 – March 22, 2019, and the web page listing said, “The Premier was invited to speak at the annual Bermuda Executive Forum where he opened the event with a panel that consisted of Mr. Brian Duperreault, who is the CEO of American International Group [AIG] and Mr. Michael Bloomberg, the former New York City Mayor.

“In addition to hosting a reception for the event, the Premier participated in a number of Business Development meetings in the City with multiple individuals. Some of those meeting attendees include but are not limited to:

  • Mr. Marc Hochstein, Managing Editor of Coindesk
  • Mr. Ben Walsh, Finance-banking Reporter for Barron’s Magazine
  • Ms. Alice Fulwood, Finance Reporter for the Economist Magazine
  • Mr. Richard Murray & Mr. David Barnard, Financial Advisors at Bernstein Private Wealth Management Department, AllianceBernstein [AB]

Expenses

  • Air Travel: $1,849.30
  • Ground Transportation: $269.04
  • Accommodation: $1,232.06
  • Meals: $65.94
  • Miscellaneous: $55.64
  • Total costs: $3,471.98

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Ministerial Meetings Regarding Economic Substance

The trip duration was listed as from March 26, 2019 – March 29, 2019, and the web page listing said, “The Premier and the Hon. Curtis L. Dickinson, Minister of Finance, traveled to the United Kingdom and Brussels to speak with officials regarding the removal of Bermuda from the list of non-cooperative jurisdictions for tax purposes. During these meetings in the United Kingdom, the Premier met with Mr. Robert Jenrick MP, Exchequer Secretary; Rt. Hon. Sir Nicholas Soames MP and Sir Henry Bellingham MP.

“During the tenure in Brussels, the Premier met with Mr. Pierre Moscovici, the European Commissioner for Economic and Financial Affairs, Taxation and Customs. The Premier also met with Romanian Ambassador and Permanent representative to the EU Luminita Odobescu and Mr. Christian Leffler, Deputy Secretary General for Economic and Global Issues as well.”

Expenses

  • Air Travel: $4,191.60
  • Ground Transportation: $471.45
  • Accommodation: $1,716.41
  • Meals: $27.04
  • Miscellaneous: $94.92
  • Total costs: $6,501.42

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Meetings with New Congress and Committee Chairs

The trip duration was listed as from April 2, 2019 – April 4, 2019, and the web page listing said, “The Premier traveled to Washington D.C. to meet with members of the 116th United States Congress and had the opportunity to meet with Rep. Richard Neal, Chairman of the Ways and Means Committee in addition to hosting a breakfast for members of Congress to inform and update on issues pertaining to Bermuda.

“In addition the Premier also met individually with:

  • Sen. Tim Scott of South Carolina
  • Rep. Karen Bass for California’s 37th Congressional District and Chair of the Congressional Black Caucus
  • Rep. G.K. Butterfield for North Carolina’s 1st Congressional District, former Chair of the Congressional Black Caucus and also has roots in Bermuda
  • Rep. Al Lawson for Florida’s 5th Congressional District
  • Rep. Lacy Clay for Missouri’s 1st Congressional District
  • Rep. George Holding for North Carolina’s 2nd Congressional District
  • Rep. Emanuel Cleaver for Missouri’s 5th Congressional District

Expenses

  • Air Travel: $909.90
  • Ground Transportation: $96.57
  • Accommodation: $1,354.11
  • Meals: $0.00
  • Miscellaneous: $64.31
  • Total costs: $2,424.89

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RIMS Conference and Digital Currency Initiative Follow-up

The trip duration was listed as from April 30, 2019 – May 2, 2019, and the web page listing said, “The Premier traveled to the annual RIMS Conference where he and the Minister of Finance participated. Additionally, the Premier met with Circle, a digital asset company that is looking to be attracted to Bermuda. Also, there were multiple meetings with the Digital Currency Initiative at the Massachusetts Institute of Technology [MIT] to formalize relationships between the Government of Bermuda and MIT as Bermuda moves towards a pioneering electronic identity solution.”

Expenses

  • Air Travel: $1,759.30
  • Ground Transportation: $151.67
  • Accommodation: $1,395.49
  • Meals: $79.55
  • Miscellaneous: $43.14
  • Total costs: $3,429.15

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Consensus 2019

The trip duration was listed as from May 14, 2019 – May 16, 2019, and the web page listing said, “The Premier joined the Minister of Finance at the Consensus 2019 Conference, which is the largest gathering for digital asset companies. During this time the Premier engaged in a number of Business Development meetings both related to digital assets and traditional financial services in New York City. Some of the meetings the Premier engaged in are listed below:

  • Meeting with Gertrude Chavez-Dreyfuss, Crypto & Bitcoin Reporter
  • Meeting with Barry Silbert, Founder and CEO of Digital Currency Group
  • Meeting with Kevin Gregson, Plug & Play
  • Meeting with Scott Sherman, Tiger Management Advisor
  • Meeting with Daniel Matalon, SLiC; Thibault Verbiest, SliC
  • Meeting with Cameron and Tyler Winklevoss, Gemini Trust Company, LLC
  • Meeting with Cormac Kinney, Founder & CEO, Diamond Standard Co

Expenses

  • Air Travel: $1,912.30
  • Ground Transportation: $506.64
  • Accommodation: $1,191.18
  • Meals: $96.77
  • Miscellaneous: $0.00
  • Total costs: $3,706.89

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Collision 2019 Conference

The trip duration was listed as from May 20, 2019 – May 23, 2019, and the web page listing said, “The Premier traveled to the Collision 2019 Conference in Toronto, Canada. The Collision is one of the largest tech conferences in North America. Canada is a market that the Business Development Agency is looking to target for additional technology investment into Bermuda.

“During this time the Premier spoke on a panel about Bermuda’s regulations and had a number of Business Development meetings with who are people heavily involved with the digital asset space such as AG Global Services, Coinsquare, Accenture, Toronto Finance International, Cybernet Architecture and Agile by Design.”

Expenses

  • Air Travel: $1,619.10
  • Ground Transportation: $59.64
  • Accommodation: $1,281.54
  • Meals: $22.53
  • Miscellaneous: $111.38
  • Total costs: $3,094.19

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Comments (7)

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  1. question says:

    So we’re paying for him to travel First Class then. M

  2. toadinthehole says:

    $22,600 – not bad for six trips …and why were these posted so late?

  3. Ironic says:

    $1,850 for a flight to New York in March? Wow. Perhaps he connected through London to get there in first class.

    • Paul says:

      Burt ,loves to travel,and why not it is all free,and those who voted for the P.L P. do not seem bothered by his travel expences..

  4. trump supporter says:

    Well done voters! Meanwhile at the bus stop, that we hear no more about!

  5. Kevin says:

    SPEND SPEND SPEND ……its normal

  6. PANGAEA says:

    “There is a hole in the bucket dear Liza.”

    ” Socialism is great until a country runs out of money.”

    How many times have you heard that and many more like it ?

    Every time a householder spends money that equates to less to contend with emergencies, such as los of job, catastrophic health emergencies, expenses for Food, Power , Transportation and much more, such as Death in the family, and the worst of all spending more money than comes in on the unnecessary ,which automatically forces families into debt from which many will never recover, In that area It is often said that “A fool and his money are soon parted”.

    Our Country is in big trouble with no way out as it has created the so called un realistic NATIONAL DEBT which is subject to repayment plus interest which we the public are expected to support.

    What the leaders did not for see or even account for was burden of the public private debt supporting loans and mortgages.

    Would it it be fair to say that we are up to our ears in Alligaors.

    Give you an example on debt .
    Buy a car for which import duty is included in the cost, get a loan to buy the car that means that duty collected is comprised of borrowed money.

    Where this all wet wrong is the is no value for money take that any way you want, labour; services or merchandise.

    Now where did i put my plane tickets ?

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