Register laggards show interests to the public
Opposition Senator Mark Pettingill owns no land in Bermuda but is fairly well heeled when it comes to his Bank of Bermuda shareholdings and his income as a lawyer.
Nothing is known publicly about the wealth or lack thereof of Government backbencher El James.
As of mid-afternoon yesterday Mr. James was the only MP who had yet to file his form for the Register of Interests.
Mr. James became the last holdout to the register after his colleague, Stanley Morton called The Royal Gazette just before press time to say that his form had been filed.
That means 50 of the country's 51 legislators have complied with the law which mandates the maintenance of a register outlining politicians' financial interests and sponsorships. But most did so after the December 8 deadline.
Five of the six politicians who had not filled in their forms in February have now done so.
Former Tourism Minister David Dodwell holds four directorships, according to his recently filed form -- Bermuda Electric Light Company, Belco Holdings, Island Press Ltd. and The Reefs Beach Club Ltd of which he is president.
Besides his parliamentary salary he gets income from The Reefs.
According to Mr. Dodwell's filing he has received no overseas gifts or benefits worth more than $500 and has not received any sponsorships for which he is expected to "provide a benefit relating to being a Member of the Legislature''.
Unlike many politicians, Mr. Dodwell owns no shares above the $50,000 threshold.
Mr. Dodwell's party colleague, Senator Maxwell Burgess, on the other hand is a land owner and major shareholder of two companies, although he too doesn't own enough bank shares to merit public disclosure.
Sen. Burgess listed two properties -- one residential property he's renting out in Hamilton Parish and an undeveloped piece of land in Southampton.
He gets an additional salary from his work as a real estate agent, according to his filing, which also discloses that he is a director of two companies -- Max Environmental Solutions, a waste disposal business, and Regency Development Co Ltd. and Sen. Burgess has another company in the makings -- 21 Heath Care.
PLP MP Walter Lister disclosed that he is a director of Bermuda Container Line Ltd. and listed four pieces of land he owns in Somerset. Mr. Lister also indicated that he owns shares in both the Bank of Bermuda and the Bank of Butterfield. He did not, as required, say whether the shares were worth more than $50,000 or more than one percent of the issued share capital of the two banks.
The Sandys South MP answered "NO'' to the question aimed at establishing whether he had any other source of income besides his parliamentary salary. In fact, he had nothing at all to report that would suggest an actual or potential conflict of interest with his role as a legislator.
Sen. Pettingill reported that he is a partner in law firm Wakefield Quin and even listed his salary (not required) of $100,000 and his $50,000 share of the firm's profits.
He said he had directorships in Bermuda Brewing Company Ltd, which makes beer, and two companies called Ronald Samoan Ltd. and Offshore Corporated Co. Ltd.
Sen. Pettingill also disclosed that he holds Bank of Bermuda shares valued at more than $50,000. And he indicated that he had taken two trips overseas which were not wholly paid for by himself or from the public purse.
The trips were to England on UBP business.
The Senator has no land in Bermuda, has received no overseas gifts or benefits worth more than $500 or 0.5 percent of his public salary and has no clients or sponsors who expect him to provide services related to his work as a Senator, according to his filing.
Land: Sen. Maxwell Burgess Boards: David Dodwell `No' conflicts: Walter Lister
