Walker questions Social Security investment plan

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MP Trevor Walker

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Barbuda MP Trevor Walker has raised concerns over the proposed investment plan for the Social Security Scheme, citing a lack of transparency and risk assessment.

Speaking in Parliament, Mr Walker said the proposal was circulated too late for proper scrutiny and questioned its viability, particularly regarding the Jolly Beach hotel.

“I cannot support this resolution without thoroughly analysing the data and understanding the risks involved,” he said, stressing the need for transparency and sound financial management.

He also criticised the government’s track record, pointing to millions in unpaid contributions and arrears owed to the scheme under the Antigua and Barbuda Labour Party’s previous administrations.

While supporting diversification and long-term investment growth for the scheme, Mr Walker said Social Security must prioritise “investments with risk levels they feel comfortable with.”

He ultimately voted against the resolution.

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2 COMMENTS

  1. To quote Trevor Walker in addressing Barbudans:

    “…and seem to be on a protracted path of
    -GAMBLING
    -IDLENESS
    -SEXUAL PROMISCUITY
    -DRUG ABUSE
    -ALCOHOL ABUSE
    -BADMINDED-NESS
    -COVETUOUS-NESS
    -SELFISHNESS
    -UNPRODUCTIVITY. People don’t want to work
    -DECEITFULNESS
    -People badminded and just covet other people
    -LACK OF RESPECT FOR OTHERS
    -LACK OF RESPECT FOR THOSE IN AUTHORITY
    Council say work til 4 o’clock or 5 o’clock. You warn go home 10 o’clock
    -LAZINESS
    -THE LOVE FOR MONEY
    -GREEDINESS
    And the last one which I find is the most profound for me:
    -OUR TURNING AWAY FROM GODLY THINGS”.
    ~Member of Parliament Trevor Walker

  2. Well highlighted Mr Trevor Bailey. This was rushed through by the ABLP to avoid scrutiny from opposing politicians.

    The country has been down this road many-a-time in financial matters with Prime Minister Gaston Browne.

    Mr Walker, like many concerned citizens understand that such a large financial commitment must be thoroughly vetted, scrutinised and assessed independently.

    Gaston Browne would do well to remember that “No Man is an Island”; and togetherness and transparency is the only way to gain trust from the electorate.

    He runs Antigua & Barbuda like it personally belongs to him.

    HE’S COMPLETELY LOST THE PLOT …

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