The chief Fintech advisor recommended that the Bermuda Government purchase around 1 million dollars worth of services from the company that he coincidentally owns.
Imagine the Conversation:
Premier: Advisor, please can you advise me on this matter?
Advisor: Absolutely, pay my company $1,000,000 and I will sort it out.
Premier: Done, send me an invoice
Recently the Royal Gazette has brought these facts and figures to the attention of the public and only just now, the Government realize that they overspent. So the next project, the Safekey QR code is miraculously free of charge- what a relief for Bermuda Tax Payers.