VI News Staff 4 years ago
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‘NDP left over $20M in lawsuits behind!’- Premier tells Opposition Leader -After Hon Penn boasted that NDP negotiated a $65M CDB loan in use by VIP Gov't

ROAD TOWN, Tortola, VI - Virgin Islands (VI) Premier and Minister for Finance Hon Andrew A. Fahie (R1) has reminded Opposition Leader Hon Marlon A. Penn (R8) that the former National Democratic Party (NDP) left millions in lawsuits behind when they were ousted from office in 2019.

This came after Hon Penn during his presentation on the budget debate on December 15, 2021, boasted that the NDP government were the ones who negotiated a $65 million loan from the Caribbean Development Bank (CDB) in use by the Fahie administration.

This he said was being used by the Virgin Islands Party (VIP) government through the Recovery and Development Agency (RDA) to do major projects around the territory. These projects include road repairs and expansion, construction of reservoirs, and repairs to the infrastructure.

Responding to the Opposition Leader, Hon Fahie fired back and reminded Hon Penn that the VIP Government also inherited lawsuits.

“Mr Speaker we are not those who come to the budget debate and only want to remember the good parts that they have brought forward like the $65million loan, but do not remember the many lawsuits they left behind for us to pay totaling over $20 million.”

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