Finance Ministry to report findings as probe widens and government seeks full restitution

4
Restitution

Finance Ministry to report findings as probe widens and government seeks full restitution

The Ministry of Finance is continuing its investigation into the unauthorized purchase of government vehicles, with the Financial Secretary leading the review and efforts to recover public funds.

Director-General of Communications Maurice Merchant confirmed that the probe has already secured EC$10 million in restitution from one car dealership and that discussions are ongoing with other dealers to recoup additional sums.

“The Financial Secretary and her team are conducting the review into the unauthorized procurement of vehicles, and the Cabinet has been advised that the work is continuing,” Merchant said. He added that the Ministry of Finance will report its findings and recommendations directly to Cabinet once the investigation concludes.

Responding to media questions, Merchant noted that the matter is being handled internally by the Ministry of Finance and that its outcomes could inform Antigua and Barbuda’s Financial Action Task Force (FATF) evaluation during the 2027 site visit.

He said the government views the recovery of funds as an important indicator of sound fiscal management and accountability in advance of that review. “We anticipate some closure on recouping additional funds in the coming weeks,” Merchant added .

Advertise with the mоѕt vіѕіtеd nеwѕ ѕіtе іn Antigua!
We offer fully customizable and flexible digital marketing packages.
Contact us at [email protected]

4 COMMENTS

  1. So people are admitting to wrong doings, and they are just sweeping it under the rug criminally?

    So GB and his buddies out their making deals with their cronies?

    Waw..this is just so wrong.

  2. @ Mr. Byam
    People should pay back what they got and still be prosecuted. If that happened under UPP Gaston would be the chief person pushing for that followed by Chet Green. We live here, we know them, we know how they operate. They do not want to prosecute their supporters because they need those votes for next year’s election. Naked Power is all the crave. CORRUPT TO THE CORE

LEAVE A REPLY

Please enter your comment!
Please enter your name here