Beautiful Virgin Islands

Saturday, Mar 14, 2026

Penn: Gov’t owes small businesses, contractors lots of $$

Penn: Gov’t owes small businesses, contractors lots of $$

Opposition Leader Marlon Penn is claiming that the government presently owes small businesses and contractors in the territory hundreds of thousands of dollars for work executed.

Penn levelled those claims during a recent Opposition media conference where he expressed concerns regarding the territory’s financial standings.

He, therefore, renewed calls for government to reveal the territory’s current financial position as he believes it has been significantly impacted by the COVID-19 pandemic.

“The government right now, as we see it and as I continue to speak with the private sector and the business sector, it is running the government’s operations on the backs of the small businesses of this territory,” he said.

“There are small businesses in this territory that are owed in excess of $500,000 and along those lines from the government of this territory but yet they’ve been asked to come up and be up-to-date with their finances. They owe their creditors, their staff that have to be paid and it is a continuous issue with the government owing the contractors in the territory who provide goods and services to the government of the Virgin Islands,” he added.

Premier calls statements irresponsible


BVI News reached out to Premier Andrew Fahie to verify whether Penn’s claims are factual.

In inviting the premier to comment, one of the questions asked was, “does your government presently owe contractors and small-business owners for work previously executed?”

Premier Fahie briefly responded: “Let the Opposition provide you with the proof for their irresponsible statements.”

I stand by my statements


BVI News then followed up with an interview with Penn, who he reaffirmed his stance, specifically pointing to one example in which the business owner in question confirmed on Tuesday that he still was not paid by the government.

Penn said: “I called the Ministry of Finance and the contractor is a security contractor who has done work during the pandemic and who is owed money on securing the school and also for securing persons during the pandemic. The amounts are close to over $600,000 the last time the contractor spoke to me, calling me asking for support to get his funding to him.”

Efforts made to get answers in the HOA


The Opposition legislator further said he and other Opposition members have been asking government questions in the House of Assembly (HOA) to get clarity on the government’s spending.

“We have asked questions in the House of Assembly concerning the expenditure as it relates to COVID-19 spending and we learned last night close to some $25 million in COVID-19 spending. It is something that we need to have a better understanding of,” Penn stated.

He added: “I asked questions in the House specifically on payables and companies who are owed by government. As you know, the House was prorogued after those questions hit the order paper. We need to have answers to those questions.”

Penn said the answers to those questions may not come in 2020 as the upcoming sessions of the HOA will include the Speech from the Throne on Thursday, the Budget Address on November 14, then subsequent Standing Finance Committee meetings.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Weak Growth Signals UK Economy Was Faltering Even Before Middle East Energy Shock
Marks & Spencer Tops UK Fashion Retail Rankings as Most Considered Brand
United States Launches Trade Investigation Into Allies Over Forced Labour Practices
United States Launches Trade Investigation Into Allies Over Forced Labour Practices
Russia Accuses Britain Over Storm Shadow Strike as London Reaffirms Ukraine’s Right to Self-Defence
Russia Accuses Britain Over Storm Shadow Strike as London Reaffirms Ukraine’s Right to Self-Defence
Royal Navy to Acquire Twenty Uncrewed Surface Vessels for Autonomous Warfare Testing
Russia Summons British and French Envoys After Ukrainian Storm Shadow Strike on Strategic Facility
Starmer Confirms Britain Will Maintain Sanctions on Russia Despite U.S. Policy Shift
UK Moves to Refine AI Definition in Investment Security Reform
UK Economy Stalls in January as Growth Unexpectedly Falls to Zero
Asian Energy Security Tested as Strait of Hormuz Disruption Threatens Oil Supplies
Iran Sets Three Conditions for Ending Regional War as Diplomatic Efforts Intensify
Tesla Secures Approval to Supply Electricity Directly to Homes Across Britain
Prince William Delivers Tribute to Australia’s Naval Alliance Amid Renewed Royal Spotlight on the Country
UK Foreign Secretary Travels to Saudi Arabia to Reinforce Support for Regional Allies
Putin’s ‘Hidden Hand’ May Be Assisting Iran in Conflict With Trump, UK Defence Secretary Warns
UK Sets April Deadline for Tech Platforms to Strengthen Online Protections for Children
Elon Musk Moves Into Britain’s Energy Market as Tesla Wins Licence to Supply Power
UK Watchdog Warns Fuel Retailers Against Profiteering Amid Iran War Price Surge
Report Claims Iran Used UK Charity Network to Expand Influence
United States and United Kingdom Establish Joint Standards for Counter-Drone Technology
Iran May Be Laying Naval Mines in Strait of Hormuz, UK Warns Amid Escalating Gulf Tensions
US Deploys Bunker-Buster Bombs to UK Airbase as Iran Conflict Intensifies
British Troops in Iraq Intercept Iranian Drones Targeting Coalition Base
Release of Mandelson Files Raises Tensions as UK Seeks Stable Relations With Donald Trump
UK Documents Reveal Starmer Was Warned About Mandelson’s Epstein Links Before Ambassador Appointment
Nearly Five Hundred UK Mortgage Deals Withdrawn in Two Days as Market Volatility Forces Lenders to Reprice
Three Cargo Ships Hit Near Iran as Attacks Spread to Strategic Strait of Hormuz
Why British Police Repeatedly Declined to Investigate Jeffrey Epstein’s UK Links
UK Parliament Ends Hereditary Seats in House of Lords, Closing Chapter on Centuries of Aristocratic Lawmaking
EU and UK Urge Israel to Act Against Rising West Bank Settler Violence Amid Regional Tensions
US Senator John Kennedy Says Keir Starmer Should Not Be Trusted for Military Advice Amid Iran War Debate
UK High Court Rejects Attempt to Revive Terrorism Charge Against Kneecap Rapper
Revolut Secures Full UK Banking Licence After Multi-Year Regulatory Wait
Kentucky’s Bench Boost Powers Wildcats Past LSU in SEC Tournament Opener
British Couple Die After Being Pulled From Water at Australian Beach During Family Visit
British Airways Suspends UK Repatriation Flights as Middle East Travel Disruption Deepens
US Forces Prepare Ordnance at RAF Fairford as Strategic Bombers Deploy for Middle East Operations
Nigel Farage Faces Criticism After Saying Britain Should Stay Out of Iran War
Landmark UK Trial Begins Over Sony’s PlayStation Store Pricing
UK High Court Rejects Bid to Challenge Britain’s Chagos Islands Agreement With Mauritius
Finnish Duo Triumphs in England’s Annual Wife-Carrying Race, Winning a Barrel of Ale
How U.S. and UK National Security Strategies Are Reshaping the Global Business Landscape
Green Party Gains Momentum as Labour Shifts Toward the Political Centre
Royal Navy Destroyer HMS Dragon Sets Sail for Eastern Mediterranean as Regional Tensions Rise
UK Homebuilder Persimmon Warns Iran Conflict Could Dent Property Buyer Confidence
Roman Abramovich Signals Legal Fight if UK Seeks to Seize Chelsea Sale Funds
UK Ready to Back Emergency Oil Reserve Release as Middle East Conflict Pushes Prices Higher
Study of 40,000 Articles Sparks Debate Over Alleged Anti-Muslim Bias in UK Media
×