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Central government, CHCC making regular payments to MPLT


THE Commonwealth central government has been making regular payments for the $15 million it borrowed from the Marianas Public Land Trust in 2019 for the extraordinary expenses incurred during Super Typhoon Yutu recovery, according to official documents obtained by Variety.
The Commonwealth Healthcare Corp., for its part, is also paying its $3 million line of credit provided by MPLT in 2012 at an interest rate of 5%.
Initially, CHCC paid the monthly interest only, but in 2018, it started making monthly payments of $53,000 for the principal and interest.
It still owes MPLT $1,561,041.03.
MPLT’s loan prevented the closure of some of CHCC’s services and allowed the hospital to pay its doctors and nurses. ....

Marianas Public Land , Commonwealth Utilities Corp , Us Geological , Commonwealth Healthcare Corp , Commonwealth Utilities Corporation , Public School System , Marianas Public Land Trust , Super Typhoon Yutu , Public Law , Commonwealth Utilities , Tinian Delegation Resolution , மரியானாஸ் பொது நில , காமன்வெல்த் பயன்பாடுகள் கார்ப் , எங்களுக்கு புவியியல் , காமன்வெல்த் சுகாதாரம் கார்ப் , காமன்வெல்த் பயன்பாடுகள் நிறுவனம் , பொது பள்ளி அமைப்பு , மரியானாஸ் பொது நில நம்பிக்கை , பொது சட்டம் , காமன்வெல்த் பயன்பாடுகள் ,

2 ex-governors, vice speaker grateful to MPLT for 'saving' government | News


FORMER Governors Benigno R. Fitial and Juan N. Babauta, and Vice Speaker Blas Jonathan Attao said they are grateful to the Marianas Public Land Trust for providing loans to critical government agencies.
In separate interviews, Fitial and Babauta said they join MPLT in its objection to Senate Legislative Initiative 22-5, which proposes to give the governor and the Legislature oversight and appropriation powers over MPLT.
It was during Fitial s administration when the Commonwealth Utilities Corp. received a $3.5 million loan from MPLT to acquire power supply from Aggreko.
Fitial said there were “power outages after power outages” in the CNMI at the time, necessitating the acquisition of power from Aggreko. ....

Juann Babauta , Justos Quitugua , Blas Jonathan Attao , Benignor Fitial , Martin Ada , Marianas Public Land , Senate Vice , Senate Legislative Initiative , Commonwealth Utilities Corp , Commonwealth Healthcare Corp , Vice Speaker Blas Jonathan Attao , Marianas Public Land Trust , Commonwealth Utilities , Commonwealth Healthcare , Super Typhoon , Senate Vice President Justo , மரியானாஸ் பொது நில , செனட் துணை , செனட் சட்டமன்றம் முயற்சி , காமன்வெல்த் பயன்பாடுகள் கார்ப் , காமன்வெல்த் சுகாதாரம் கார்ப் , மரியானாஸ் பொது நில நம்பிக்கை , காமன்வெல்த் பயன்பாடுகள் , காமன்வெல்த் சுகாதாரம் , அருமை சூறாவளி ,

MPLT says Senate legislative initiative 'unsupported by facts'


UNSUPPORTED by facts and history.
This is how the Marianas Public Land Trust described Senate Legislative Initiative 22-5, which proposes to give the governor and the Legislature oversight and appropriation powers over MPLT.
Authored by Senate Vice President Justo Quitugua, S.L.I. 22-5 would “require MPLT and its board of trustees to exercise transparency and accountability as a Commonwealth government entity, to provide for reasonable expenses of administration by law, and to require the annual operating budget of the trust to be approved and appropriated by the Legislature.”
S.L.I. 22-5 states that “the governor and the Legislature must have oversight powers over MPLT in order to ensure that the trustees actions are made consistent with their fiduciary duties and in the best interest of the Commonwealth and the people.” ....

Victorb Hocog , Martinb Ada , Justo Quitugua , Marianas Public Land , Senate Fiscal Affairs Committee , Senate Vice , Office Of Public Auditor , Senate Legislative Initiative , Marianas Public Land Trust , Senate Vice President Justo Quitugua , Senate Fiscal Affairs Committee Chairman Victor , Chairman Martin , Budgeting Act , மரியானாஸ் பொது நில , செனட் நிதி வாழ்க்கைத்தொழில்கள் குழு , செனட் துணை , அலுவலகம் ஆஃப் பொது தணிக்கையாளர் , செனட் சட்டமன்றம் முயற்சி , மரியானாஸ் பொது நில நம்பிக்கை , தலைவர் மார்டின் , பட்ஜெட் நாடகம் ,