This morning in Parliament, MP Ralph Regenvanu was accused of “getting excited” by Finance Minister Moana Carcasses over his proposal to make the Registrar of Companies a political appointee, to be decided by the Minister of Finance and Economic Management.
This function has previously been fulfilled by the Commissioner of the Vanuatu Financial Services Commission, to avoid politicisation. The proposed amendment makes the post of Registrar of Companies totally political.
The proposed changes can be found in sections 170, 171 and 172 of the proposed Act, reproduced below.
This writer was not present for all of the debate — and would welcome the Minister’s comments on this matter — but it rather looks as if a Minister, who has been accused of appointing cronies to posts, is still appointing them, just 24 hours before the Government enters caretaker mode.
Should we not all be getting “excited”?