Thank you, Mr. Speaker. The Opportunities Fund is under the oversight of the Minister of ITI, but this fund was structured very specifically back in 2003 in its passive form. The criteria set, the government made a decision to put deputies on there when we were approached with this unsolicited proposal and given the economic circumstance. At that point FMB decided to play an active role. In this case, we made the decisions right away, the committee and the appropriate departments did a lot of the groundwork in conjunction with the consultants that were brought in, but the decisions were made by the Financial Management Board in this case. Thank you.
Michael Miltenberger on Question 62-16(3): Opportunities Fund Loan To Discovery Air Inc.
In the Legislative Assembly on February 5th, 2009. See this statement in context.
Question 62-16(3): Opportunities Fund Loan To Discovery Air Inc.
Oral Questions
February 4th, 2009
Thebacha
See context to find out what was said next.