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Fri 27th Apr 2018

Warrant Officer Ivan O’Neal stunned by Gonsalves’ “NO fishing Agreement between Taiwan and SVG”

Warrant Officer Ivan O’Neal BSc (hons) MSc, MBA, Leader of SVG Green Party, is stunned by Gonsalves’ statement in the SVG House of Assembly where he says “NO Fishing agreement between Taiwan and SVG”.

Taiwan fishing companies are get away with not paying about EC$3 billion in fish tax every year to the SVG Treasury. For Gonsalves to say “NO fishing agreement between Taiwan and SVG” is a significant blow to the economy of SVG.

Warrant Officer Ivan O’Neal believes that Taiwan fishing companies, registered under the SVG local fish registry and using the SVG national flag on all its fishing vessels, owe the SVG Treasury about EC$50 billion in fish tax. This is a huge amount of money which carries a substantial opportunity cost to SVG.

Warrant Officer Ivan O’Neal, who lived in Singapore from 1963 to 1965, is stressing the point that Fidel Castro of Cuba and Lee Kuan Yew of Singapore would have signed a fish agreement with Taiwan to ensure that the EC$3 billion of fish tax was paid into their respective country’s treasury annually, to promote a very high standard of Sustainable Economic Development for the benefit of all the people who lived in their countries.

Ralph Gonsalves’ “NO fishing agreement between Taiwan and SVG” is poor QUALITY management at the top in a developing country.

Ralph Gonsalves’ “NO fishing agreement between Taiwan and SVG”, yet in 2002, the ULP Regime was forced to seek debt forgiveness from the UK government and received substantial debt forgiveness from UK government. In 2017, the ULP Regime received substantial Debt Forgiveness from the International Community.

The SVG 1979 Constitutionally Appointed Director of Audit failed Gonsalves as the SVG Minister of Finance in 2008, 2009 and 2010 in the Audit of Public Accounts (Source Audit Reports-Research by Ivan O’Neal BSc (hons) MSc, MBA ).

In 2007, the SVG 1979 Constitutionally Appointed Director of Audit reminded Ralph Gonsalves, the SVG Minister of Finance, that SPECIAL WARRANTS are for unforeseen expenditure under the Finance and Audit ACT (No 1 of 1964).

In 2007, Gonsalves used 139 Special Warrants totalling $63.082 million dollars - 10% of the 2007 Budget – and overshot expenditure without the prior authorization of the House of Assembly (Source Audit Report- Researched by Ivan O’Neal).

According to Oxford Brookes University graduate, Warrant Officer Ivan O’Neal, it is conservatively estimated that Taiwan owes SVG over EC$50 billion in fish tax.

We don’t need Dirty Dog Taiwan in our country. SVG Green Party is calling on Taiwan fishing companies using SVG’s national flag on their fishing vessels to pay its fish tax in SVG and for the recall of the Taiwan Ambassador from SVG.

An SVG Green Party government will end this abuse of the Vincentian people by Gonsalves and Taiwan. We would cut ties with parasitic Taiwan and make ties with China.

A Green Party government will set up a joint venture tuna fishing and canning industry with China to bring in hundreds of millions of dollars in fish tax to the SVG Treasury and to create thousands of new jobs in a billion-dollar tuna fish industry.

Our country needs change. We need to generate new sources of revenue to drive economic growth and create new sources of employment.

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