Sounds good to me!

How about a promise to prosecute, and jail, those who have broken the law?
If not, why have laws.

Well put. Many suspect that Minnis's words about those who have abused the powers of their office and the public trust having something to fear will ring hollow in less than a year's time. Like most politicians, Minnis is counting on the public to forgive and forget.

You're an idiot

FINALLY we have a Prime Minister sensible enough to realize he is "public servant #1", entrusted by the people, to manage the peoples affairs, in the best interest of the people!

Pindling, Ingraham and Christie were **all** too pig headed, short sighted, inherently corrupt and overwhelmingly intoxicated with power, to give a rats ass about the people whom they only bothered "to entertain" and "spoke down too" when campaigning for an election.

Election 2017 proved the electorate exceedingly more astute than the PLP buffoons that tried any, and all numbers, of deceptions to continue the plunder and pillage mechanisms established by pirates, buccaneers, and privateers, adopted by the UBP, embraced and exponentially fine tuned by the PLP and former FNM administrations.

Dr. Minnis stated policies of dealing with malfeasance is the only way to set our country on the right course, restoring investor confidence in the Bahamas and the fastest way of moving Bahamas forward for the betterment of all Bahamians.

Congratulations Bahamians for making the right decision across the board, in grand style!

If the Cookie Jar is truly empty as many suspect, then there will be little money to do much with, yet the Bahamian people are unlikely to understand this and will nonetheless expect visible signs of progress, thereby putting immense pressure on Doc to deliver, failing which "The People" will turn on him, leaving him with only option that "The People" may accept for delay, namely going after and jailing in short order those guilty of corruption, as at least when he says there is NO MONEY to do anything, he will also be able to say WHY and WHO is responsible ... AND MORE IMPORTANTLY they have been JAILED for their unpatriotic actions. This is the ONLY "excuse" for inaction "The People" will accept!

The Romans said: Panem et Circenses. Bread and Games. If you can't give them bread, give them games. Unfortunately "games" entertain you for a short time only. Bread will need to be found, sooner or later. For that you need to grow the economy. Abolish the hundreds of moronic rules that stop business developing and there will be a decent chance of that. I, for my part, have a business idea and capital ready. But I will wait for at least 1 year to see what kind of government this is before making a final decision.

There are many ways to start to solve the financial crisis which has to happen if a final downgrade and devaluation is not to occur,
1. Retire all these so called political consultants ex:Baltron Bethel
2. Allow natural wastage in the civil service to reduce salaries bill.
3.Find an efficient method of taxing all the winter resident homes being rented.
4. Apply a small but daily "hook" tax on popular boating destinations such as Exuma.
5. Re evaluate expensive projects such as the election grabbing Palmetto Point hospital. $30,000000 ??????
6. Take legal action to reclaim monies paid as political rewards such as the purchase of land for the P.Point hospital from a former minister when crown land is available.

He has to start early setting expectations for one month, three months, six months, one year and then half yearly updates and initiatives. If people know where you're going, they have input and buy in and they can see how it will benefit them "eventually", they are less likely to criticize. I would have liked it if he had gives a speech next week where he lays out his goals and timelines for the first month. Even if the goals are I'll have a plan with x, y and z established. Remember they should have been doing the work preparing to take over for the past two years.

As long as Carl Bethel *isn't* Minister of Finance, I can live with that. His performance in his former posts has left a lot to be desired (esp. Education - truly deplorable).
I have a lot of respect for PM Minnis not choosing to be Finance Minister. His approach so far is commendable.

If Hon. Jeff Lloyd is to be Education Minister, I do hope he consults with Hon. Bannister because Bannister did an excellent job in that post (unlike the horrible job Fitzgerald did - only wanting photo ops and a truly arrogant approach, listening to no one).
Congrats Dr. Minnis, looking forward to see what you will offer next.

As long as Laneisha and Romi are not cabinet ministers I can live with that. And as long as Peter Turnquest gets someone who can assist him "technically" as his deputy I can live with that (I'm not comfortable with him being Minister of Finance, would have preferred someone with the skill of a William Allen, John Rolle or James Smith, not them specifically, just someone with their technical expertise.) And as long as he appoints majority SENIOR people, that 10 or more, to cabinet I can live with that.Sorry but this is not the time for giving millennials "a chance", we in deep do do. We need people with management experience in these top positions. Give the young ones some responsibility elsewhere let them establish their roots first.

John Rolle doesn't possess the competence to be a junior minister. Also his moral compass is skewed, as he is incapable of recognising the dangers of web shop monies to our economy.

@ThisisOurs obviously doesn't know James Smith is nothing but a brain dead puppet of his Greek paymaster whereas Bill Allen is much too old and now wooly in the head, much like B J Nottage.

You didn't read, I said "**not them specifically, just someone with their technical expertise.**"

I didn't mean John Rolle "literally", just someone with his competency level. I personally think he gets a bad rap. He doesn't have an extrovert personality and probably buckled under the corrupt regime, but I think he would shine under a Minnis government. He did send a message to the webshops a few weeks ago, he told them having money doesn't equate to approval for a banking license.

He's a funny guy. He is adept at producing reams and reams of statistics, and he knows all of the buzzwords and he probably knows the theory. It the practice and policy that he fails yet, and that is what he is in charge of.

Reminds me of the story of the high school student who relied on his guidance counselor for scholastic and career advice and thought that the guy was good at his job -- until he found out that the guidance counselor was working part time at the butcher shop to make ends meat.

Lol. Well I can't say I know what he knows to judge him, but I have a friend who is very knowledgeable in the area (theory and practice) and they have great respect for him, in their opinion and based on their knowledge of him he was hampered in what he could do. They speculated the last communication from the central bank signaled a new "independence". We'll see,..

I wonder if any of these persons, especially "banker" has ever had any significant interaction with John Rolle to be passing such judgement about him. And the asinine comment that he is not qualified to be a junior minister lends credence to my growing suspicion that they know very little about him much less about finance acumen.

I worked with john Rolle and as a earlier commentator said, he is brilliant. Far above anyone else in our department, including at that time Wendy Craig who was our superior. We are very fortunate to have him as governor, he could be earning three times his salary in the private sector.

As to his competence, he was a chief architect of the vat tax, and the person most responsible for its very successful rollout. By any measure it has been a succes, one that many myself included doubted could be pulled off. BOB is in court now because of the pressure he is applying. Should it have come sooner, no doubt, but one has to survive in their job without political interference to make a real difference. Better to have a competent gov who is trying than a stupid lackey. I only pray he is allowed with the new administration to make meaningful, independent decisions.

As iterated, he knows the theory. He probably is brilliant. I did say that he knows his theory, but there is a difference between knowing your stuff and being a leader. It was his leadership qualities and not his fiscal/monetary knowledge that I was referring to (and perhaps didn't make clear).

It was a ghastly mistake for the entire Bahamas not to resist the banks taking webshop money. It was a ghastly mistake to know full well that BoB was in reserve violations, and still is, and not flex muscles. BoB is virtually bankrupt, and the Governor of the Central Bank is the last line of defence as a regulator, and in that respect, John Rolle has failed miserably. Leadership means standing up, and saying NO to your political masters (as Julian Francis once did) pro patria. And that is why I judge him harshly.

He may be the most brilliant guy in the world, but we need a leader with a stick and someone who will swing it.

Why some one senior? They didn't fix anything. KPT may be exactly what we need. NEW IDEAS.

Go KPT!

No he's not :-| he's going to need help and that's fine. I think the main requirement for a cabinet post is management experience or ability. You can always get a technical person to assist. When I say "senior" I'm talking about someone with proven successes, it's not just an age thing, otherwise they could get Wisdom to be Min of Finance. He could decorate the doors too

"*#"I will remind my ministers to avoid conflicts of interests in the exercise of their public duties," he said.*"

Christie said that too, you need to do more than "remind" them. You need to give them a week long session on ethics with concrete examples of ethical violations

Much of what Minnis has said in his first couple of days as PM echoes what Christie said shortly after he thrashed Hubiggity in 2012....just take a look at The Nassau Guardian and The Tribune archives back then.

you idiot, Christie has proven to be a liar and scumbag, unlike either Minnis or HAI

Yes, and put it in writing and have them sign and available to the public for viewing and reminding!

Full speed ahead Carl and Dr. Minnis! Uncover the corruptness, hold those responsible accountable, restore law and order - whatever it takes, grow the economy , tourism and jobs, and restore the respect and admiration outsiders once had for the leadership of the Bahamas! No small task - but the opportunity is now yours. Seize it! Full speed ahead!

"Remind my ministers.....?!?!" You better do more than remind Mr. PM!!! If one of them so much as blink, it is your duty to hold them ACCOUNTABLE!!! Accountability, unfortunately, is not a leadership trait that's been exercised since Pindling was in power. You better get this right. We'll be watching and watching closely!

Ain't no reminding going on! You better fire anyone proven to have a conflict of interest!!!! There is no room for that in Bahamas 2017 and beyond!! Let's get that straight. #Nohalfsteppin

Comrades! Had the PLP won and invited that other Lyford Cay fellow up to party with the new PM and his colleagues - all hell would've brooks loose on these hereto Tribune blog pages. What a bunch of swim down the transparency stream you lack the courage to swim up the stream of truth.
You don't even have the stammer that is required to not kill your confidence in true transparency.
The media needs ask the new PM - who was it among his colleagues that arranged the invite of the other Lyford Cay resident - up to Government House?
We done knows from what class foreigners this red government will be representing!

At least it was transparent ,, it was not like all the PLP out at Simms point watching the Crypt keeper inject himself w god only knows what ,,with out social media we would have never seen that ..I hope they do everything in their power to get the hotel the PLP and Chinese stole from Sarkis back

Comrade ConcernedCitizen, accountability and transparency is not so easy to define - once the people vote you in as their government.
The new red cabinet's early picks out the gate looks and reminds people of Papa Hubert's fingers had them touching Minni's picks.
Papa Hubert is da Super Minister!

Now you are reaching. And you are venturing into the area of untruth. Minnis wants separation from Papa. Notice how long it took Papa to "endorse" Minnis. They een exactly compadres.

Tal you are fucking idiot. Sarkis first of all, has been completely taken advantage of due to cronyisim/corruptness in this country. I am so glad he is there to support the government, and I hope the government does everything in their power to make his investment in our country whole again. It is people like you, Tal, that are wrong with this country. How you could ever support what the PLP did to Sarkis is incomprehensible... IDIOT

We are in desperate need of meaningful campaign finance reform. But don't hold your breath because it's the last thing Symonette and D'Aguilar want to see happen.

@reality missing , or mudda hubbard your a lot like Birdie , you just make things up

At concernedc regardless if they are the same person or not, they are all or he is a fucking idiot, constantly posting made up garbage... PLP scum

@Reality_Check does have a point though that cannot be ignored. The FNM ran a costly campaign that had to be financed by someone. Big financial backers generally do not part with their money without receiving certain assurances and commitments that more frequently than not benefit the big wigs and cost the Bahamian people. Minnis most assuredly did not become PM without having sinned in terms of the special promises he had to make to the big financial backers of the FNM. Anyone who believes otherwise is a fool. Quite often it's this initial sinning that causes a PM to eventually say to himself: "Well da big wigs gonna gat theirs and ya know what they say - to da victor go da spoils - so I too should get mine!"

Comrades! Why Carl for AG - when the PM has 35 elected MP's to pick from?
Will we soon see the reasoning of the politics behind why the DNA stood down - not running candidates for Grand Bahama? What was Bran's secret deal with Minnis?
Fast-forward 5years and we will have to wait see what will now happen to one of the most promising '2022' candidates Arinthia Komolafe - who is worthy high praise after contesting under the DNA against the new PM?

There is no secret deal between Minnis and Bran. They spoke and Bran was so arrogant, that Minnis realised that it was unworkable to work with Bran. Please stop making stuff up.

Comrade Banker, there is no need in our local politics to have makeup asking why the DNA sat out the 2017 General Election in Grand Bahanma? If not Minnis - was it a deal with PM Christie?

Please. Nobody was voting DNA the only people who didn't know it was the DNA

Comrade ThisIsOurs, you're sidestepping my question....Why did the DNA stand down by not running 2017 General Election candidates for Grand Bahama?

I'm going to assume they had no one to run

Here is a $10 million dollar quick boost to the economy. NO MORE CARNIVAL. Another $10 million; collect the casino tax owed by Bahamar. That's $20 million. Some VAT from Bahamar and we are now looking at close to $100 million. Easy fixes.

No more $300,000 to Neville Wisdumb for gunny sack Christmas decorations.

Thank god!

Yep, I honestly think they should drop out of carnival next year, zero subsidies. They can pick it up another year if they want

Wonder if we will have anymore "PPP" (wink wink) rental agreement with the webshops

Sound bites. May 10, 2018 will arrive without a single former minister being charged before the courts. We are to quick to give credence to political talking points. Nobody's going to jail.

And let's have LNG for electricity generation so that a certain person is stripped of the contract for the supply of diesel oil and bunker C for BPL.
The outcome of this election was truly startling and I have seen elections from 1962 onward.
The FNM must understand that the people have shifted their allegiance to them in what can only be called an act of faith. Do not disappoint them.

Comrade Avidreader, is there anything about being all busy up at Government House, with the appointment retread politicians and political opportunist - which someone can say, “Look at this! It is progressively new!”?

How many Bahamian Islands are now owned by wealthy foreign nationals? Why are we marketing OUR islands as "private" islands and selling them off to the highest bidder. These islands are priceless and belong to the Bahamian people. They should never be sold, but leased. The overseeing government officials should require a significant amount of money to be held in a deposit escrow in the event the leasee does things like unauthorized dredging etc. We need an account as to how many of our islands and cays are foreign owned and how many are still left for the pleasure of the Bahamian people.

Need less foreign dictators in our affairs and we will be ok

Perhaps I slept through it, but, exactly what did the PLP do to Sarkis?

With a national debt of $72 billion, bankrupt Puerto Rico's debt-to-GDP ratio is 70%. By comparison our national debt is $7 billion and our debt-to-GDP ratio is slightly more, now about 74%. Puerto Rico also has some $37 billion worth of guaranteed pension benefits that it owes to its government employees, liabilities which would boost its total debt load up to 106% of the island territory’s GDP. In our case we have at least $3 billion of unfunded guaranteed pension obligations and other benefits that we owe our civil servants and former corrupt politicians which would increase our total debt load up to at least 106% of our GDP. Puerto Rico has a total population of 3.5 million compared to our 380,000. But there is a critical difference between Puerto Rico and ourselves - their currency is the U.S. dollar and they have a very big brother, the U.S., that can print money that's accepted globally! Now we have some idea why Minnis did not want to be both PM and Minister of Finance like his predecessors. Apart from Minnis being most uncomfortable with numbers of the debits and credits variety, Minnis no doubt senses that the Ministry of Finance is one very severely challenged ministerial portfolio - it was a hot potato for Christie and will soon be a flash point for Minnis's administration. Not a pretty picture indeed when so many have such high hopes for our new government. Meanwhile it seems the crooked politicians of the past will be allowed by Minnis to enjoy the fruits of their endeavours, some of them in countries other than the Bahamas!

KP Turnquest is a smart Long Island man .......... He has called for fiscal reform in the MOF for the last five years .... We will see that begin within two years ...... You can bet on that ........ I look forward to several more smart Long Islanders being appointed to the Minnis Cabinet

Let's just hope we don't all go the way of the large goat and sheep populations that once upon a time existed in Long Island.

So ya tink Minnis's Long Island boys gonna slaughter us taxpayers eh?

Quite right about Puerto Rico and comparison to our Bahamas. (Puerto Rico may actually be in such deep doo BECAUSE of its BIG brother!)

The concept of the PM NOT having a ministerial portfolio and therefore allowing him/her to administer to the overall government is surely a meritorious one. Give the dude a chance why doncha?

Sixteen Cabinet Ministers???????? ......... Will all of them be substantive Ministers????? ....... or will this include Ministers of State and Parliamentary Secretaries as well????????
16 X 66,000 = $1,056,000 + allowances ........... The Constitution states that there should be a minimum of nine Cabinet Ministers ........... Sixteen is fairly high for our country's size
A rule of thumb should be that a Ministry can only exist if it has a certain threshold % of the national Budget (8%?????) .......... We have had Minsters with $4 million in their portfolio's budget!!!!! ............. That is a total waste of government resources

NATIONAL LOTTERY. It's very obvious why the decision makers of this country ignored the results of the referendum about gambling. All they have done is decriminalize the web shops for the criminals. I say it's time the numbers boys were shut down once and for all and we install a national lottery. Gambling won't go away and one can argue about the morality but how many Bahamians buy lottery tickets when they are in the US? The revenue that's currently buying yachts, McMansions and women for the numbers boys could be put to good use via a National Lottery. Let's ease the burden on the public purse and get rid of these parasites at the same time.

ABSOLUTELY RIGHT ON!! A TRANSPARENT National Lottery is the way to go. (Would still provide a measure of employment.) This should be at the TOP of the agenda. These "web" shops are milking dry an already feeble economy. Let the new Government honour the results of the PEOPLE'S referendum.

What the hell are you talking about?.The DNA had 5 candidates in Grand Bahama.They lost their deposits of course.We don't play that DNA game here.

AND THE TRUTH Will be Told: Many on this forum like to refer to young, black Bahamians and D' average, dumb, lazy savages criminals. But the results of this election prove that the young Bahamian is in touch of reality and was not falling for the sidewalk trick and the t-shirt and cap 'o you gonna be all right, just vote for me' swing anymore. It was the PLP who 'get swing ' with their own bag of dirty tricks, which included the spread of false information, the preventing of the FNM the use of Clifford Parkvfor rallies, the barring of the FNM having ai time on the entire ZNS net work, the chaos that happened on the pre-voting day among other things. Remember, as slaves, the black Bahamian, like other slaves, developed a system of communication that excluded any form of written communication. They learned to communicate verbally in a coded way and they learned how to read body language. More importantly, they learned how to store and process information and still pretend to be the dumbest slave on the plantation. And so while the guy at the gas pump may look dumb because he is pumping gas, or the young girl making sandwiches in 'Mickey D's' may be barely functioning on her job, they are fully aware of the issues and concerns in this country. And they have memories like an elephant. They are the ones who stood their ground and brought this victory home to the FNM. But they are also hurting the most, displaced and many disenfranchised. So Prim Minister, Hon. Hubert Minnis, sir, they should be number one on your list of priorities. They don't want much, you know, most of them. They want a piece of the economic pie and some of the prosperity to flow down to them. The FNM says 'it's the people's time' and they don't want you to forget they are also the people.

Would have to agree, I was personally becoming disillusioned with our People and feared we were on a path of no return, but even those in the Inner City who have been exploited and "dumped down" to a D Average finally realized why this has occurred and who was benefiting therefrom. Very proud today of our People and hope we can all come together to pull on the same rope with a common purpose to make our Country THE BEST in the World, as we all know it could be, but has a history of missed opportunities and unfulfilled potential! In the Anthem of the Beach Soccer ... "Let's Go Bahamas, Let's Go!"

@John: Sure everyone wants a piece of the economic pie....why wouldn't they? But after decades of a majority of the people voting for corrupt politicians, there is no pie - only a ton of unsustainable national debt. How do you think Sir Snake's family, the Symonette family, the Maynard-Gibson family, the Mosko family and others like them got to be so filthy rich? Over many years these super wealthy families cut many outrageously lucrative deals with our corrupt politicians (FNM and PLP alike) and together they feasted on the entire economic pie and then some, leaving only debt for the rest of us. It is perhaps a fitting consequence for the less privileged voters you speak of.

The 1% syndrome, or is it .001%?

ALL OF US BLACK AND WHITE need to stop for a moment and watch the true movie "Hidden Figures"about three American black woman responsible for putting man on the moon!

https://www.nytimes.com/2016/12/22/movi…

This nonsense that blacks are inferior and whites superior simply based on skin pegment is yet again unquestionably proven false.

Black and white Bahamians built this country and allowed crooked politicians to separte us based on skin color, while they stole us ALL blind, and it took a concerted effort by black and white Bahamians to resolutly stand together and save this country for ALL of our future generations.

Well done Bahamians!

Really looking forward to the budget presentation when KPT will explain to us all what is now going to be done with the VAT money, or where it's gone or where it will continue to go. Prepared to be dazzled with brilliance.

I very recently overheard a former senior ranking PLP official saying that Brave Davis either had already resigned or was about to resign from his Cat Island seat. Apparently he wants to return full-time to his law practice. Rumours are also circulating that Chester Cooper, the PLP MP for Exuma, is a very unhappy camper right now. It seems Chester had high hopes of being on a gravy train as opposed to being in a wrecked train.

If Brave and Chester both bolt for the back door way out, that would only leave Glenys Hanna-Martin and Picewell Forbes as contenders for Leader of the 'Opposition' in the HOA. Now that certainly would be one very big joke!

Something about rats leaving a sinking ship? LOL!

Comrades! One first acts new attorney general and auditor general, should be to launch an investigation and to prosecute the offending business owners - big and small - local and foreigners who deducted at time of earnings their workers National Insurance Premiums from their workers paycheques - -but do not forward on workers contributions to the National Insurance Board - resulting in their employees being denied NIB benefits. In fact in some cases the workers, and even in some disturbing cases, the spouses and family members of workers are being denied earned benefits - often amounting to thousands of dollars.
Comrades this crooked and morally cruel act goes on far too often and has to be stopped. The best way stop it is to swiftly prosecute and jail the business owners offenders - and to attack their assets.

You would love to see the auditor-general's limited resources squandered in chasing small minnows when there are much bigger very greedy fish to fry. Take for instance Christie who, as Minister of Finance and PM, illegally arranged for mega-millions of dollars of our National Insurance funds to be ploughed into Bank of The Bahamas (BoB) at a time when he knew or should have known that BoB was (and still is) insolvent. Every director of the National Insurance Board at the time this was done, along with every director of BoB at the time (especially Paul McWeeney), Wendy Craigg (former governor of the Central Bank), Michael Halkitis and many others all failed to cry foul when all of this was being done - they all knew our National Insurance funds were being illegally used to prop up an insolvent financial institution. But none of them will be held responsible or accountable because Minnis will now protect them all by simply saying that the previous corrupt Christie-led PLP government has committed him to continue using our tax dollars (or increasing our national debt) to try and bailout BoB, a bank that for all intents and purposes has been irreversibly technically insolvent for a long time. As Mudda_sic would say - What a joke!

Comrade Reality_Check, you need to go takes some them Epsom salts.

Your comradeship was only ever comradely accepted by your comrade Christie because you, sir, are a most faithful Christie compatriot.

Comrade, unfortunately not always - or at least not by those who so badly advised the PM - particularly during the month December 2016.

Hilarious doppelgangers talking to each other and referencing each other. Reminds me of a certain online personality, an IRS dodger married to a Bahamian, trying to make it here in The Bahamas. He had anger management issues and had several personalities on the online forums when his own forum was failing. The more things change, the more they stay the same.

Ahhh there you go again with your guessing games. Yes, could be one and the same; but then again could also be two brothers or an uncle and his nephew; or possibly two sisters; maybe an aunt and her niece; or perhaps a sister and her brother; or just two friends sharing an apartment; or better still a mother and her daughter or a father and his son; could even be a grandson and his grandfather....and on and on.... please try not to get a migraine with all of that guessing work of yours. LOL!

Gotta give @banker credit for persistency. BOL!!!!

Comrade Reality_Check, when Banker got us two as his fellow Comrade Blogger friends - him won the bloggers lottery.

Unfairly happens on a regular basis. Needs to be stopped. Part of the epidemic of corruption in our Islands.

Comrades! Only cause votes thousands hourly paid working people crossing over to the red Movement, could they have won the people's government.....But I ain't sure they going be singing the old gospel spiritual..... "Things Are Gonna Get Better" under the red political elite?

Things Are Getting Better.

....////https://www.youtube.com/watch?v=-md1nO3gEos

Have you seen Fweddie's column - Bananas Uncensored. Venom, Bile, Vomit, Hatred, Senescence, Imbecility, Putrefaction, Rotting Corpse Ejecting Bloviating Stench Gases, Worse Than Dump Fire invective from a Sore Loser.

Your post has a faint soupçon of that.

Contrary to what you tink, da folks in da purple room have it right. Ask John. Dis is da work of Jah.

That's an interesting point about NIB payments though, for whoever will be responsible there should be stiffer penalties. There have been too many poor unsuspecting private sector workers who have their NIB payments taken out of their salaries and all the while their employers paid NIB nothing.<br/><br/>

We as a country have to put an END to all this stealing. Thieves at ANY level need to be dealt with. Workers, I encourage you to visit NIB and request a letter stating that your payments are up-to-date. However, in these modern times why can't all employees be able to check this information online? It's just like the International Observers said about the *advanced poll*, why are we LAST in the region for voters to be able to login and check online to see if their names are on the register rather than standing hours in the sun?

W. Jones of JCN, who is financially backed by Sir Snake, is probably back to his old game of not paying his employees' NI contributions to NIB. Scum typically remains scum!

Under the National Insurance Act, decisions on significant investments are largely reserved to the eleven member board and the Minister with responsibility for National Insurance. The Minister is obligated by law to consult with the Minister of Finance prior to making his deceision on such matters. NIB also has an investments policy guideline in place that prescribes how its investments may be made. Such a policy has been in place for over a decade. NIB investments are made on the recommendation of its in-house Deputy Director/Investments, who is a qualified professional. Investments made by NIB, outside of the very limited parameters delegated to the Director by the Board, require Ministerial approval. NIB also has an established Investment Advisory Committee at board level which is obligated to consider investment recommendations and in turn provides its recommendations to the eleven member NI board for approval. Perhaps NIB should publish the Investment policy guidelines so that the process and approvals for investments of the Fund may be better understood. Finally for many years NIB has had direct representation on the BOB board either through its Managing Director or its Chairman. The records of BOB will bear this out.

Don't you worry ............ Shame Gibson's abuse of NIB will come to light very soon ........ Make sure that you are not raked over the coals with him

We must ensure that NIB exists for the people and not to take care of the political fat cats, their cronies and the NIB senior executives who live "high off the hog"