PNP Seniors Can Not Account For The Donations Received In The Election, Treasurer Demands Receipts
The report, presented to the party’s National Executive Council in July — noted that the party will not reach its budgetary target to fund the pending Local Government Election.
“Regrettably, our financial forecast and indicators from the testing of the donor market have gradually and consistently worsened since our defeat at the polls,” said the report under a section of the called ‘The Costs & Consequences of the 2016 General Elections Regrettably.’
The report also noted that the chaotic PNP campaign in which donations were not centralized and with each candidate doing their own thing, resulted in some constituencies going underfunded.
“These persons were actively in the market for what seemed to be sole benefit of their personal campaigns and collected significant amounts from members of the private sector who were earmarked by the Treasury as potential substantial donors for the benefit of the PNP as one cohesive unit,” the report stated.
Below is an edited version of the report:
Throughout the 2016 National Campaign the Treasury worked assiduously to overcome the handicap the party endured, due to the fragmentation of the political leadership, machinery and consequently the national campaign itself, which resulted in multiple non-cohesive and disjointed campaigns being run by distinct groupings and individuals members of the party.
Prior to February 17, 2016, upon which the party communicated its decision not to debate, the Treasury’s greatest competition in the market place was the membership of the party, who held senior positions in government. These persons were actively in the market for what seemed to be sole benefit of their personal campaigns and collected significant amounts from members of the private sector who were earmarked by the Treasury as potential substantial donors for the benefit of the PNP as one cohesive unit.
On numerous occasions, information received by the Treasury, from the potential donors was that contributions had already been made to senior party members for the benefit of the party. However, only a few members reported or accounted in full, or even in part, for the receipt of these donations to the Treasury or the party executive. This heavily affected the party’s income and short changed the party, resulting in a negative effect on the national campaign. Financially speaking, there was not one central bank but several banks; some of which had more resources than the Treasury.
Necessary funding could have been strategically diverted to marginal constituencies, which seemed to have required just a little more financial support to get them over the hump. Had there been a cohesively executed campaign, with the Treasury being the central bank and the recipient of the bulk of the resources, then it is highly likely that we would have won the election and been in government today.
The Costs & Consequences of the 2016 General Elections
Regrettably, our financial forecast and indicators from the testing of the donor market have gradually and consistently worsened since our defeat at the polls.
Consequently, there is a mounting objective-concern that we will not be able to meet our budgetary target, with regard to the Local Government Elections. To this end, to all of the Comrades who collected funds from private sector and others entities, to make a full, transparent, and confidential account of all of the funds received to the Treasury and the Officers of the Party. In the interest of the movement that the balance of these funds be transferred to the Party’s central account so that it can be applied to all outstanding debt and the balance thereof to the budget for the running of the Parish Council Election by Friday, July 29, 2016. Let us restore the health and integrity of the movement, by placing its interest before our own.
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