Beautiful Virgin Islands

Wednesday, May 13, 2026

$40M SSB grant channelled to political cronies? COI to investigate

$40M SSB grant channelled to political cronies? COI to investigate

The upcoming Commission of Inquiry (COI) is set to investigate allegations that a portion of the $40 million COVID-19 grant government received from the Social Security Board (SSB) was channelled t…

The upcoming Commission of Inquiry (COI) is set to investigate allegations that a portion of the $40 million COVID-19 grant government received from the Social Security Board (SSB) was channelled to political cronies.

The $40 million grant was part of the government’s Economic Stimulus-Response Plan to assist struggling families and businesses that suffered financially when COVID-19 hit the BVI and forced a territory-wide shutdown in early 2020.

But according to a statement released by United Kingdom Foreign Secretary Dominic Raab earlier this week, impropriety was involved in the spending of the grant. Raab said this allegation was among many lodged at Governor Jaspert’s office last year.

The Foreign Secretary’s statement said there were “allegations that funds set aside for struggling families during the pandemic may have been re-allocated to political allies”.

The SSB’s $40 million grant comprised nearly 64 percent of the total $62.9 million Economic Stimulus Plan implemented by the Fahie-administration.

Of the $40 million grant from the SSB, $10 million was geared towards an Unemployment Relief Support initiative for persons who have been either laid off or placed on reduced working time because of the COVID-19 pandemic.

Premier Andrew Fahie stated that he had to take the SSB grant because the UK refused to provide financial support when COVID-19 hit the BVI.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
The Great Western Exit: Why Best Citizens Are Fleeing the Rich World [PODCAST]
The New Robber Barons of Intelligence: Are AI Bosses More Powerful Than Rockefeller?
The End of the Old Order [Podcast]
Britain’s Democracy Is Now a Costume
The AI Gold Rush Is Coming for America’s Last Open Spaces [Podcast]
The Pentagon’s AI Squeeze: Eight Tech Giants Get In, Anthropic Gets Shut Out [Podcast]
The War Map: Professor Jiang’s Dark Theory of Iran, Trump, China, Russia, Israel, and the Coming Global Shock [Podcast]
Labour Is No Longer a National Party [Podcast]
AI Isn’t Stealing Your Job. It’s Dismantling It Piece by Piece.
Lawyers vs Engineers: Why China Builds While America Litigates [Podcast]
Churchill’s Glass: The Drunk, the Doctor, and the Myth Britain Refuses to Sober Up From
Apple issues an unusual warning: this is how your iPhone can be hacked without you doing anything
The Met Gala Meets the Age of Billionaire Backlash
Russian Oligarch’s Superyacht Crosses Hormuz via Iran-Controlled Route
Gunfire Disrupts White House Correspondents’ Dinner as Trump Is Evacuated
A Leak, a King, and a Fracturing Alliance
Inside the Gates Foundation Turmoil: Layoffs, Scrutiny, and the Cost of Reputational Risk
UK Biobank Breach Exposes Health Data of 500,000, Listed for Sale on Chinese Platform
KPMG Cuts Around 10% of US Audit Partners After Failed Exit Push
French Police Probe Suspected Weather-Data Tampering After Unusual Polymarket Bets on Paris Temperatures
News Roundup
Microsoft lost 2.5 millions users (French government) to Linux
Privacy Problems in Microsoft Windows OS
News roundup
Péter András Magyar and the Strategic Reset of Hungary
Hungary After the Landslide — A Strategic Reset in Europe
×