Finance, NMC in talks about money owed

Posted on Nov 22 2019


The Department of Finance is in talks with the Northern Marianas College about previous obligations that amount to around $2 million, according to interim NMC president Frankie Eliptico and Finance Secretary David Atalig.

Atalig noted that his office is in communication with Eliptico’s office on making good on this financial obligation that originated from fiscal year 2019.

Atalig confirmed that his department owes the community college about $2 million from the previous fiscal year. “That is true and are part of the total obligations I still owe,” he said in a message. “I am in communications with the NMC president [Eliptico] to make amends on that.”

Atalig indicated that both offices are close to a resolution.

“We…will continue to make transfers weekly to help their [NMC’s] financial position,” he said. Atalig did not respond when asked about other obligations his department owes.

Eliptico told Saipan Tribune that communication between the college and the department are going smoothly, that efforts are being made to trim the total owed the college.

“We’ve had positive conversations with [Atalig] who has assured us that the CNMI Department of Finance will be able to transmit approximately $1 million within the next few days,” he told Saipan Tribune. “This amount will reduce significantly the total pending for [fiscal year] 2019, but it won’t cover it all,” he said, without elaborating

“We will continue to work with his office to settle all pending transfers of funds,” he added.

Erwin Encinares | Reporter
Erwin Charles Tan Encinares holds a bachelor’s degree from the Chiang Kai Shek College and has covered a wide spectrum of assignments for the Saipan Tribune. Encinares is the paper’s political reporter.

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