Deputy Premier Inquiring Into Miami-Based BVI Ports Authority LLC
By Sonje Greenidge, Journalist
Updated 8:20 PM AST, Fri May 13, 2022
(PLTM) - Deputy Premier, Hon. Kye Rymer, who was recently assigned the portfolio for the BVI Ports Authority (BVIPA), is aware of the public’s interest in the registration of a limited liability company in Miami with connection to the Territory.
The registration details for BVI Ports Authority LLC and the name of the directors were circulated to reporters and the public in recent days.
At a press conference hosted earlier today, May 13, Hon. Rymer stated that he has been advised that the company was registered in the United States in 2019 to enable the BVI Ports Authority (BVIPA) to rent office space in the Miami area to provide an outreach location for its cruise business.
He further explained that in order to have the company established, a minimum of three directors were required, who would hold the shares of the company in the interest of the BVIPA.
These Directors are identified Roxane Sylvester, Deputy Chair of the BVIPA Board; Kenisha Sprauve, member of the BVI Ports Authority Board of Directors, who is also Chairman of the BVI Tourist Board, and Oleanvine Maynard, the BVIPA's Managing Director. Maynard was arrested late last month in Miami, United States, with former Premier Andrew Fahie on drug trafficking and money laundering charges.
“The office space could also host the BVI Tourist Board and the Shipping Registry. It was intended to be a multi-agency space for the purpose of marketing and promoting tourism, ship registration, and perhaps in the future, serve as a base in Miami for Virgin Islanders, residents, and students, requiring assistance while abroad,” Hon. Rymer stated.
He also noted that the facility which is strategically located near the Miami airport could be used in the future as a business hub for entrepreneurs during travel. It was also revealed that the office had not yet been opened due to the COVID-19 pandemic but was being managed by the BVIPA in the interim.
The company was not registered to engage in profit-making initiatives, according to Hon. Rymer.
The Deputy Premier stated that he has requested documents and information on the company’s operations by the BVIPA, and after review, a decision will be made about whether further actions are required.
“I give the public the assurance that whatever findings are made from the current ongoing inquiries, these will be shared with the public, and I will of course advise the public on whatever actions, if any is necessary to be taken so that the public can be confident that its interests are secured.” Hon. Rymer asserted.
The government this week announced plans to dismantle the current BVIPA Board due to ongoing security concerns following the arrests of Maynard and Fahie.
---- Copyright 2022 by Virgin Islands Platinum News. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Please note that the opinions posted are the opinions of its author and does not in any way reflect the views of the management, staff, parent company or sponsors of Virgin Islands Platinum News.
Why are we not hearing from the two local directors, Sylvester and Sprauve. The title director comes with a lot of weight, make this investigation easier and clear up what is going on. After all you are listed as directors.
With all that is being revealed right now, I believe there are many persons who wished they just 'stayed in their lane'.
You jest . An independent body might actually reveal the truth. And thats the last thing they want. So as usual everything will be done in secret and no one will be held accountable. Same as it ever was.
Ok, so your telling the public that the company was created in 2019 and since the pandemic has not been opened. So your telling me the tax payers are footing the bill for this empty space. Doesn't the Tourist board have offices already in the Miami area? Deputy, come better than this.
Why Ms. Maynard not been fired or force to resign yet? Why the governor is silent? Changes need to be made in every department. These people in offices getting paid and benefits for doing **** but makes excuses.
Clearly you have no idea what you are speaking. The BVI Tourist Board has operated offices out of the United States for years. I am unaware of any LLC formed by the TB to engage in business outside the country. Furthermore there are other means and methods to accomplish this without forming an LLC. You would think even if they decided to form an LLC and actually had a location to use- why would they bother needing a registered agent, when the physical address sufficed in the formation? Even then, the government has atleast one law firm on retainer in the florida who may have acted as their Agent if they wanted too. Again, its not making sense.
A bonfide LLC operating within the State of Florida has several things to do to legitimately operate. If they intended to truly operate, the EIN would have shown this intent in my opinion, as it shows their intent to file a return- even if they were exempt. Getting an EIN is absolutely free to do. Futhermore, TB, Shipping and Ports are all Statutory bodies and not a direct division of government- so there would be no chance of a tax exempt status because they are foreign based. Federal law only allow foreign countries to claim exempt status if its part of their embassy/ mission- which the BVI does not have.
So the math is not adding up with the reason Kye has provided. Lets try this again
Why are you Sir looking into it? Shouldnt an Independent body look into? Arent you one of those who agreed for those who are there on boards to be there? Governor ***** should not be looking into corrupt. This has to be a movie.
"He also noted that the facility which is strategically located near the Miami airport could be used in the future as a business hub for entrepreneurs during travel."
My question is: Was office space actually rented and if so, who is rent being paid to?
Also were entrepreneurs aware if this business hub they could use during travel?
Why wasnt the BVI public informed about this company until now
The two of the three individuals are now in questionable situation
Even the blind can have speculations
COI UK watching .. giving a chance to see the operations
Dont make them swoop down with the nuclear recommendation
This is Just the tip of the Ice-berg..Our corruption run so deep and smells so bad I don't think we are capable of cleaning it up, as time goes on we are going to see worst. Clear to see that the intention of this company wasn't a good one..
Just asking. Does the Attorney General and or the COI have any punishment or penalties in place for those who are lying and or uncooperative. We need them to come clean and truthful or else.."That we need to know" . The Hon Rhymer is a serious dude, he ain playing and he can't be sweet talk or bribed, he is going to fix it and hold people in wrong accountable..
Several problems with this explanation. Firstly this company was formed in 2019, 2 years prior to Maynard being appointed MD. She was only a member of the Ports Authority board at this time, so I am curious why she was a signatory. Secondly is this was infact intended to be a consortium of sorts for the BVI marine industry, why did it assume the name of BVI Ports Authority and not something to address TB and Shipping Registry stake? Also why was no one in shipping registry part of the member team? Finally, why doesnt this company have the required EIN to operate within the United States and pay federal taxes? No record of EIN exist as though the company existed solely on paper. Your research better be clear Kye.
Rymer also stated that the office could register vessels in the future. Will this be done for free since it is not a revenue generating office? That would be wonderful and would save the yacht owners lots of money if they can register for free.
I agree and see why they needed to drain the entire swamp. He told a blatant *** publicly which it will come back to haunt him in the future. Hopefully these questions are asked at the next public address as to why he *** but they read these blogs and might have some stupid answer....again.
I do not condone anything Mr Fahie and Mrs Maynard have allegedly done. However, I really wish that you guys would stop turning everything into conspiracy theories playing lawyers, detectives and legal experts. Maynard was not MD in 2019, however, a simple search would reveal that she was deputy MD of the ports. She was never a member of the board btw, possibly an ex-officio member when she was MD but not a member. Her being a member surely would have been a conflict but hell what do I know. We really have to be careful the things we put on worldwide web when we slinging these theories. Having said that, the entity would not be generating income . What would it be paying taxes on? I listened to his speech and he specifically said it would not have been an income generating entity. Also I am not a US tax lawyer, however, if the office was part of an international foreign government or organization, my understanding is that the employees of that office are likely to be exempt from US income tax so may be the same applied re EIN? Or presumably they didnt apply for it cause the office never launched and never had any employees to date? Now re the name, I too am curious on why that name was chosen but not because I see some big red flag. Just curious. All I am saying is give the man a chance to report his findings, really consider them without bias and pre-determined misconceptions, from pushing theories and negativities straight off the bat.