Vanishing Millions: The $700 Million NIF Mystery
A political controversy has emerged regarding the National Investment Fund (NIF) and $700 million in excess government borrowing.
At the center of the dispute, Free National Movement (FNM) Opposition Leader Michael Pintard accused the Davis administration of misrepresenting public finances. Pintard cited correspondence from Central Bank Governor John Rolle confirming that the NIF's Board of Governors had never formally convened. Because no operating board was active, the opposition argues that an official NIF account could not legally exist or authorize transfers, leaving questions regarding where the $700 million went. Fiscal reports showed an NIF balance dropping from $265.3 million in December 2025 to $200,000 by March 2026.



















