London Daily

Focus on the big picture.
Saturday, Jul 19, 2025

The Commission of Inquiry: The silver lining

The Commission of Inquiry: The silver lining

Now, international companies and investors are the platforms upon which the British Virgin Islands economy sits. Financial Services have kept this country alive through the many months of pandemic and the collapse in Caribbean tourism.
And the men and women who own these businesses and who navigate global markets with a view to placing their cash in the most secure and favorable jurisdictions are watching the Commission of Inquiry (COI) with a ‘’shrewd eye.’’

Investors do not like uncertainty and poor governance. And the fact that a COI has been commissioned and is investigating matters of governance in the territory is viewed very favorably by these investors.

The one true check on ruling power and executive impunity in the Overseas Territories of the UK is the Crown. And the court system over the decades has been inactive as an institutional check on the executive branch.

In the Westminster System of Parliamentary Government, when a political party commands a majority – First Past the Post- the ruling party is all powerful. It is very difficult to circumscribe a government that acts unconstitutionally under the UK System of government. The term is a parliamentary dictatorship.

Consequently, the one check-in place when an OT government oversteps its bounds is the Reserve Powers of the Governor that resides in the Crown, through the Common Law, and UK Conventions and Customs. In the UK the final check on executive over-reach is the Privy Council.

And that is what is taking place today.

A look across the spectrum of countries that became independent of the UK post the nationalism of the 1950s tells a troubling tale. The lack of any check on the powers of the executive branch has led to one-party rule, dictatorship, and horrific governance, in most post-independence states. It has been a sad tale of tyranny, war, and corrupt governance, leading to poverty and permanent economic depression.

Islands that depend on tourism and financial services for the revenues that drive their economic engines cannot afford to frighten away foreign investment and international investors through a lack of transparency, accountability, and honesty.

Consequently, UK sversight resident in resilient institutions, such as the legal framework that can swiftly intervene when matters begin to move in the wrong direction in an OT, is a major benefit for residents and foreign investors alike.

Countries that lack any check on the executive branch could wake up one morning, and the whole treasury suddenly disappears, as has happened in a number of Commonwealth states, without the requisite checks and balances on the ruling power.
Comments

A friend 4 year ago
But this is not an accident. This is exactly what the COI is designed to achieve: to put the UK knee on BVI neck, to make sure that the voices for independence cannot breath!

You don’t have to believe me, believe the Queen on England: last week she bestowed the person who initiated this COI, Mr. GUS Jaspert, with honor that is an emblem that demonstrate a white man killing a black man by his legs on his neck.

So what you describe as a disaster, is by design and confirm that the designed successfully achieved what it designed for.

Newsletter

Related Articles

0:00
0:00
Close
Brazil's Supreme Court Imposes Radical Restrictions on Former President Bolsonaro
Centrist Criticism of von der Leyen Resurfaces as she Survives EU Confidence Vote
Judge Criticizes DOJ Over Secrecy in Dropping Charges Against Gang Leader
Apple Closes $16.5 Billion Tax Dispute With Ireland
Von der Leyen Faces Setback Over €2 Trillion EU Budget Proposal
UK and Germany Collaborate on Global Military Equipment Sales
Trump Plans Over 10% Tariffs on African and Caribbean Nations
Flying Taxi CEO Reclaims Billionaire Status After Stock Surge
Epstein Files Deepen Republican Party Divide
Zuckerberg Faces $8 Billion Privacy Lawsuit From Meta Shareholders
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
SpaceX Nears $400 Billion Valuation With New Share Sale
Microsoft, US Lab to Use AI for Faster Nuclear Plant Licensing
Trump Walks Back Talk of Firing Fed Chair Jerome Powell
Zelensky Reshuffles Cabinet to Win Support at Home and in Washington
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Irish Tech Worker Detained 100 days by US Authorities for Overstaying Visa
Dimon Warns on Fed Independence as Trump Administration Eyes Powell’s Succession
Church of England Removes 1991 Sexuality Guidelines from Clergy Selection
Superman Franchise Achieves Success with Latest Release
Hungary's Viktor Orban Rejects Agreements on Illegal Migration
Jeff Bezos Considers Purchasing Condé Nast as a Wedding Gift
Ghislaine Maxwell Says She’s Ready to Testify Before Congress on Epstein’s Criminal Empire
Bal des Pompiers: A Celebration of Community and Firefighter Culture in France
FBI Chief Kash Patel Denies Resignation Speculations Amid Epstein List Controversy
Air India Pilot’s Mental Health Records Under Scrutiny
Google Secures Windsurf AI Coding Team in $2.4 Billion Licence Deal
Jamie Dimon Warns Europe Is Losing Global Competitiveness and Flags Market Complacency
South African Police Minister Suspended Amid Organised Crime Allegations
Nvidia CEO Claims Chinese Military Reluctance to Use US AI Technology
Hong Kong Advances Digital Asset Strategy to Address Economic Challenges
Australia Rules Out Pre‑commitment of Troops, Reinforces Defence Posture Amid US‑China Tensions
Martha Wells Says Humanity Still Far from True Artificial Intelligence
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
U.S. Resumes Deportations to Third Countries After Supreme Court Ruling
Excavation Begins at Site of Mass Grave for Children at Former Irish Institution
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
EU Delays Retaliatory Tariffs Amid New U.S. Threats on Imports
Trump Defends Attorney General Pam Bondi Amid Epstein Memo Backlash
Renault Shares Drop as CEO Luca de Meo Announces Departure Amid Reports of Move to Kering
Senior Aides for King Charles and Prince Harry Hold Secret Peace Summit
Anti‑Semitism ‘Normalised’ in Middle‑Class Britain, Says Commission Co‑Chair
King Charles Meets David Beckham at Chelsea Flower Show
If the Department is Really About Justice: Ghislaine Maxwell Should Be Freed Now
NYC Candidate Zohran Mamdani’s ‘Antifada’ Remarks Spark National Debate on Political Language and Economic Policy
President Trump Visits Flood-Ravaged Texas, Praises Community Strength and First Responders
From Mystery to Meltdown, Crisis Within the Trump Administration: Epstein Files Ignite A Deepening Rift at the Highest Levels of Government Reveals Chaos, Leaks, and Growing MAGA Backlash
Trump Slams Putin Over War Death Toll, Teases Major Russia Announcement
Reparations argument crushed
Rainmaker CEO Says Cloud Seeding Paused Before Deadly Texas Floods
×