Comments on: Minister: Moratorium On ‘Cash Back’ Grants

By: Grizz

Grizz — Sun, 17 Sep 2017 09:12:39 +0000

@Community First – You are spot on! My questions exactly. I understand that money laundering is a crime; but the state the community is in, due to lack of money, is mind blowing. How could their needs be dismissed and all the money given to to the National Anti-Money Laundering Committee; why wasn’t the money divided between NALC and charities? I honestly wouldn’t be surprised if that money was used to help with all of those ridiculous suits launched by the previous Gov’t; a bill that is still climbing, I’m sure. There are people on our Island truly suffering and until more empathy is given towards that; things won’t change.

By: Community First

Community First — Sat, 16 Sep 2017 23:52:27 +0000

Thanks Clint:

What are the expenses of the National Anti-Money Laundering Committee? Are these expenses reported to the public? Why are these committee expenses a priority over community services? Who gets paid on this committee and for what?

By: Earth watch police

Earth watch police — Sat, 16 Sep 2017 17:03:17 +0000

Find the 800 million please we really need it.

By: Jose

Jose — Sat, 16 Sep 2017 13:59:45 +0000

The kitty is empty we know they gonna use this as an excuse to say no money to complete their 100 day promises

By: Common cents

Common cents — Sat, 16 Sep 2017 12:24:34 +0000

You are correct

By: Real Onion

Real Onion — Sat, 16 Sep 2017 11:29:36 +0000

tough $h!t plp!
none left for de family n friends.

By: Make a new plan Stan

Make a new plan Stan — Sat, 16 Sep 2017 10:30:27 +0000

It’s not a media blitz in the sense that they all called the media individually and told separate stories…..all of these issues came up in the first meeting of the house…..the media is reporting what was said there and elaborated outside regarding what was mentioned within.

By: Rocky5

Rocky5 — Fri, 15 Sep 2017 21:31:16 +0000

Smoke & mirrors already

By: Onion Juice

Onion Juice — Fri, 15 Sep 2017 18:42:50 +0000

Thats why they got voted out.

By: Seniors

Seniors — Fri, 15 Sep 2017 18:12:41 +0000

It’s very funny that the Minister’s appear to have been given clear instructions to blitz the local press with as much dirt on the OBA that they could find. Honestly, if this was the best (worst) they could come up with, then we are not in a bad place at all.

Now, if we can still say that in 5 years time, we’ll all be happy, right?

By: really

really — Fri, 15 Sep 2017 18:00:48 +0000

Caines…stop messing around disclose the financials of the fund. Let us have a true picture.

By: Clint Eastwood

Clint Eastwood — Fri, 15 Sep 2017 17:49:50 +0000

The purpose is to take money/assets away from anyone who earned them through criminal activity, and cannot prove otherwise.

The beneficiaries are community organizations that can apply for grants which come from the confiscated assets fund. The money can also be used to support government programs in need of funds.

The point of this announcement is that most of the available funds were used to meet the ‘expenses of the National Anti-Money Laundering Committee’.

So right now there is no money left to give out grants, until more criminal assets are confiscated, which is an ongoing process.

So HELP THE POLICE BY GIVING THEM INFORMATION THAT LEADS TO MORE DRUG BUSTS, WHICH WILL LEAD TO MORE CONFISCATED ASSETS/MONEY. THEN THERE WILL BE MONEY TO GIVE OUT TO THE COMMUNITY.

By: Bolt

Bolt — Fri, 15 Sep 2017 17:41:55 +0000

Why aren’t the Bermuda Police investigating the disappearance of $300,000.00??

By: Bolt Action

Bolt Action — Fri, 15 Sep 2017 17:20:54 +0000

Maybe Minister Caines should meet with Mr. Sinclair White, Director of the Bermuda National Anti-Money Laundering Committee (also know is FIA), at his office 6th Floor Strata ‘G’ Building, 30A Church Street, Hamilton. Telephone: 441-292-3422 and request an explanantion? web site http://www.fia.bm http://www.fia.bm/images/pdfs/audit2015.pdf
http://www.fia.bm/images/pdfs/FIA_AnnualReport2014_2015.pdf
Notice that FIA have not issued an annual report or Audited Financial Statements since 2015!!!???

By: Bermudian

Bermudian — Fri, 15 Sep 2017 17:17:41 +0000

@Mark-BEATING A DEAD HORSE

By: Smiths

Smiths — Fri, 15 Sep 2017 17:08:30 +0000

there should never be any money in the account – as soon as it comes in it should be dispersed into the community.

By: Do Right

Do Right — Fri, 15 Sep 2017 16:20:12 +0000

lol

By: mark

mark — Fri, 15 Sep 2017 15:45:06 +0000

what about all the money that was reported problematic in that commission of inquiry report a while back? port royal etc.?

By: Community First

Community First — Fri, 15 Sep 2017 15:42:40 +0000

So…what is the purpose of the Proceeds of Crime Act and who are the beneficiaries outlined in the Act?

It would appear that the terms are open to interpretation and the expectations created from previous Governments and Ministers are now off the table.