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Finance Department still working out Technicalities for Corporate Governance Council’s Funds.

sarahwescotwilliams11052011Philipsburg:--- Civil Servants from the Finance Department are still busy working out the technical issues regarding the disbursing of the Naf.400, 000.00 that is allocated as an advance to the council confirmed Prime Minister Sarah Wescot Williams on Wednesday.
While the Prime Minister and Finance Minister said the monies were made available to the council some weeks ago, SMN News has been reliable informed that the council is yet to receive or have access to the funding.
Sources say a meeting was held with the Secretary General of Finance Sherry Hazel and the chairman of the corporate governance council on April 15th but to date the technical difficulties have not yet been regulated. SMN News learnt that the council cannot deal with finances directly and government must open an account for the council and appoint someone to access the account when the council needs money. Prime Minister Wescot Williams said in an invited comment on Wednesday that Finance Department are busy working out the matter so that the council can get the necessary funding.
Asked if the Naf.400, 000.00 covers the 2010 budget that was submitted by the council Wescot Williams said they are no longer looking at the 2010 budget rather they are looking at the amount of monies spent by the council during that year.

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