The Premier chastises the Opposition saying that trusts are legal and commonly used. That is certainly true – but they are not commonly used in government contracting where there is a public duty to avoid conflict of interest! I am not aware of Government saying on record that they know the identity of the beneficial owners and disclaim against any possible conflicts. Why don’t they do that? Why do they use the “Plantation Refusal” that they we mere citizens may not ask questions?
It is hypocritical that Government disapproves of the use of trusts in real estate purchases – to avoid fronting – but then say they are perfectly acceptable for public sector contracting! The principles of transparency must apply in both cases!
Also, I was amused at the press release announcing that the Premier would not be in the front row at the Obama inauguration for security reasons. Why is this newsworthy? So, it’s safe enough for the President-elect, but not enough for the Premier of our little country? Methinks it’s more likely he couldn’t get a ticket :)
How was the Audacity of Taxpayer Money Ball? Just brimming with Bermuda branding?
Finally, I don’t make too much of the news that US Consul General Gregory Slayton will be staying on for a while. History has been that it takes a good six months before new administrations work their way down to dealing with Bermuda. My guess is that he’ll move on after the school year wraps up. The question then is: what type of person wants to be appointed as Consul to a country that the President has named as a target?
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