Questions surrounding the National Investment Fund of the Bahamas (NIF) are intensifying. In just a few months, the fund's balance has dropped from 265 million to about 200,000 dollars, raising concerns about the transparency and accountability of the use of these public funds. The opposition is calling for clear accounts on the financed projects and withdrawal authorizations, as the required reports have not been published regularly. Bahamians deserve answers regarding the management of their public wealth.
Where has the sum of 265 million dollars from the National Investment Fund gone?
This article was updated at 15:55.