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Gleaner/Power 106 News
Bermuda govít takes over cityís finances

Bermudaís Home Affairs Minister Michael Fahy has taken over the finances of the city of Hamilton after the municipality was accused of a string of violations.

The move comes a week after a report tabled in the Bermudan Parliament cited several cases of mal-administration, including questionable expenditures and possible conflicts of interest.

Among the examples cited was an expenditure of US$2,319 on two suits, shirts and ties for Mayor Graeme Outerbridge.

The report was also critical of how a US$300 million waterfront development project was tendered, concluding that the process was heavily flawed.

Speaking during a press conference yesterday, Fahy called the decision to take over the municipalityís finances regrettable, but said it was made in the countryís best interests.

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