Politics
Contributions to the PNP double
CONTRIBUTIONS TO the Opposition People’s National Party (PNP) more than doubled in the last financial year.The party’s audited report for the year ending June 2011 indicated that contributions rose from $50.2 million…
PNP President and Former Prime Minister, Portia Simpson Miller. AP Photo/Ramon Espinosa
Opposition People’s National Party (PNP) donations have more than doubled in the last financial year. This was revealed in the party’s audited report for the year ending June 2011, which indicated that contributions rose to $50.2 million (US$ 588,860) up from $20.4 million (US$ 239,230) the previous year.
Total income for the political year last year stood at $65 million (US$762,400) up from $30 million (US$ 351,900) the previous year. But the bulk of the funds raised was spent on events such as conference, meetings, and administrative fees. The financials, audited by Chartered Accountants Strachan, Lafayette & Associates, indicate that $64.4 million (US$ 755,400) was expended in the just-concluded year compared to $29.6 million (US$ 347,200) the previous year.
