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Opposition Senator calls for audit of Fishery Development Fund

Published:Monday | December 23, 2013 | 9:24 AM

Opposition Senator Robert Montague has called for an audit into the use of funds under the Fishery Management and Development Fund.

The Fund is financed by the levy collected from conch exports.

Earlier this year, the Parliament approved the imposition of US$1 on each pound of conch exported during the 2013 season.

In the Senate on Friday, Montague said the fight against praedial larceny is being hindered by the lack of resources provided by the Fishery Management and Development Fund.

He said the Fund has been high-jacked by the Ministry of Finance and used to help the Government meet requirements under the International Monetary Fund agreement.

However, Justice Minister Mark Golding accused Montague of being mischievous and requested that he withdraw the allegation.

The Opposition Senator accepted the explanation and later withdrew his allegation.


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