St. Maarten Government sends accounts of companies and foundations to MPsPOSTED: 06/30/11 12:32 PM
St. Maarten – Parliament has recently received from the Minister of Finance 22 annual accounts for the year 2009 from government owned companies and subsidized foundations. The law prescribes that Parliament should receive the annual accounts from the aforementioned.
“I am very pleased that we have received the annual accounts. These will be circulated to Members of Parliament (MPs) for perusal,” President of Parliament drs. Gracita Arrindell said Tuesday.
MPs have the opportunity to review the accounts and then follow-up with the respective Ministers with regards to the content of those annual reports. Parliament also has the power to instruct the General Audit Chamber to investigate government owned companies and subsidized foundations with respect to the content or aspects of the annual accounts where they seek additional information or clarification.