Beautiful Virgin Islands


Inadequate funding hindering BVI’s Financial Investigation Agency

Inadequate funding hindering BVI’s Financial Investigation Agency

Director of the Financial Investigation Agency (FIA), Errol George, has listed funding as one of the weaknesses hindering the FIA from carrying out its work more effectively.
He said the current funding the FIA receives is inadequate, adding that most, if not all law enforcement agencies in the territory are underfunded.

In a written statement to the Commission of Inquiry, the FIA Director said the inability to compete with the private sector regarding salary packages is also a major challenge.

He said the FIA occasionally loses some of its highly skilled staff to local firms involved in the financial services industry due to the pay gap that exists between the FIA and these private sector entities.

George said inadequate funding for the FIA prevents the agency from providing the type of specialist training necessary for its employees to enable them to carry out their duties effectively.

He also said the lack of funding prevents the FIA from investing in the type of resources such as IT equipment and analysis and investigative tools necessary to be able to carry out its functions.

The FIA’s funds and resources are appropriated by the House of Assembly, as required by Section 12 of the FIA Act 2003. Such funds are allocated through the government’s budgetary process and are disbursed to the FIA on a quarterly basis through the Office of the Deputy Governor.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Rishi Sunak Shelves Rwanda and Smoking Policies Ahead of Election
I have a dream, MLK inspiring speech
US Refuses World Court Jurisdiction
Aretha Franklin, Marvis Staples - Oh Happy Day
China Conducts Surprise Military Drills Around Taiwan
BVI Freedom Song
Grim Polls Predict Major Loss for PM Rishi Sunak
Billy Preston - You Can't Beat God Giving (Live)
Rishi Sunak's Campaign for UK Election: Key Issues Highlighted
VIRGIN ISLANDS REGGAE CARIBBEAN RIDDIMZ
German Property Crisis Worsens as Foreign Investment Declines
Oh Happy Day Edwin Hawkins - Anthony Brown w FBCG Combined Choir
Princess of Wales's Taskforce Calls for Business Investment in Early Childhood
'Stand by Me' performed by Karen Gibson and The Kingdom Choir
Campaign Groups Condemn UK Report on Protests
National Anthem of the British Virgin Islands - Oh, Beautiful Virgin
Former Royal Marine Charged with Espionage Found Dead
Hello Dolly
Australian PM Calls for Julian Assange's Freedom
for KING & COUNTRY - Amen (Reborn) [feat. Lecrae & The WRLDFMS Tony Wi
ICC Seeks Arrest Warrants for Israeli and Hamas Leaders
Bob Marley - Get Up Stand Up
UK's Infected Blood Scandal: Conclusion Nears After Seven Years
Yes He Can
Julian Assange Granted Right to Challenge US Extradition
What A Friend We Have In Jesus
Congo Army Thwarts Attempted Coup Involving Americans and a British Citizen
Unforgettable
Ireland's Homeless Gain Voting Rights
Touch The Hem Of His Garment
Blinken orders crackdown on Israel-Hamas leaks
The Lord's Prayer
Julian Assange Faces US Extradition: Key Facts
THE GOD MOVEMENT...BEAUTIFUL BVI
Jacob Zuma Takes Campaign to ANC Stronghold Soweto
Siyahamba
Attempted Assassination of Slovakia PM Robert Fico: Investigation Ongoing
Ray Charles And The Voices Of Jubilaton, Oh, Happy Day
What Happens If an Iranian President Dies in Office?
Ramblin' Rose
Spain Recalls Ambassador After Argentina President's Remarks
Protoje - Who Knows ft. Chronixx
Rishi Sunak Faces Cabinet Backlash Over Proposed Changes to Foreign Student Visas
Pressure - Virgin Islands Nice
Rwanda Denies Entry to Human Rights Researcher
Phil Wickham - House Of The Lord
Iranian President Ebrahim Raisi Reportedly Killed in Helicopter Crash
My God Is Real (Yes, God Is Real)
Blue Origin Resumes Space Tourism with 90-Year-Old Ed Dwight
The Lion King Circle of Life by LEBO M. — LIVE at the HAVASI Symphonic
Rishi Sunak and Wife Akshata Murty Wealthier Than King Charles
Louis Armstrong - When The Saints Go Marching In
New Dutch Government Drives Wedge Through EU Liberals
Kanye West Sunday Service - hallelujah, salvation, and glory
Iranian President Raisi Missing After Helicopter Goes Down
Jonathan Nelson - I Believe (Island Medley
Freemasons and ‘Global War Party’ Accused of Conspiring Against Georgia
From The Virgin Islands Sqad Up
Poland Supports Rolls-Royce's Nuclear Power Plant Initiative
Common, John Legend - Glory
European Ports Overflow with Unsold Electric Vehicles
Anthony Evans vs. Jesse Campbell - If I Ain't Got You
Esprit Files for Bankruptcy in Europe, Putting Hundreds of Jobs at Risk
I have a dream, MLK inspiring speech
Chevron Halts North Sea Drilling Amid Rising Tax Burden
Aretha Franklin, Marvis Staples - Oh Happy Day
Jeremy Hunt Accused of Exaggerating Conservatives' Economic Record
BVI Freedom Song
Victoria Atkins Discusses Historical Gender Bias in the NHS
Billy Preston - You Can't Beat God Giving (Live)
Dublin and Monaghan Bombings 50th Anniversary: Calls for Justice
VIRGIN ISLANDS REGGAE CARIBBEAN RIDDIMZ
Rishi Sunak and Akshata Murty’s Wealth Rises to £651 Million
Oh Happy Day Edwin Hawkins - Anthony Brown w FBCG Combined Choir
New Caledonia Riots Escalate After French Voting Rights Change
'Stand by Me' performed by Karen Gibson and The Kingdom Choir
Renters Face Fierce Competition as Listing Times Shrink
National Anthem of the British Virgin Islands - Oh, Beautiful Virgin
Surge in Fake Science: 19 journals shut down due to fraudulent papers from 'paper mills'
Hello Dolly
Global Birthrates Decline, Raising Economic and Social Concerns
for KING & COUNTRY - Amen (Reborn) [feat. Lecrae & The WRLDFMS Tony Wi
Boeing Faces Possible Prosecution Over 737 MAX Settlement Violation
Bob Marley - Get Up Stand Up
Prisoner Escapes in France as Two Officers Killed in Van Ambush
Yes He Can
German Court Rules AfD Can Be Monitored for Extremism
What A Friend We Have In Jesus
Jacob Rees-Mogg Criticizes Bank of England’s Inflation Strategy
Unforgettable
Prince Harry and Meghan Markle Promote Invictus Games in Nigeria
Touch The Hem Of His Garment
UK Arms Ban on Israel Would Aid Hamas, Says Cameron
The Lord's Prayer
US Regulators Probe Credit Card Reward Schemes
THE GOD MOVEMENT...BEAUTIFUL BVI
Labour Vows to End Rwanda Deportation Scheme/Scam
Siyahamba
Exonerated Andrew Malkinson Faces Hardship Awaiting Compensation
Ray Charles And The Voices Of Jubilaton, Oh, Happy Day
×