Faber's refusal to comment today is an indication that he may not be ready to publicly support the Cabinet position on the write-off - which was upheld yesterday in Cabinet. We know it was held because four members of Cabinet - led by Chairman John Saldivar, went to the Finance and Economic Development Committee and approved the write-off.
But, party insiders tell us that it's not nepotism favoring the Cab-Sec's son. Financial Secretary Joe Waight today told us that there is a very simple, technical reason why the write-off was tabled; quote, "The GOB has taken this position based on the advice of the Attorney General's Ministry that the Bond is by now statute barred." End quote.
So, that means government cannot legally pursue Perdomo, or his sister Sylvia who co-signed because too much time has passed.
And while that is the official position, it is unlikely to quell the allegations of nepotism, and quiet the howls of public disapproval.
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