Dear Editor,
Though the call for a commission of enquiry into the 2010 Tivoli operation may be correct, it is rather curious that the Government of the day is, without hesitation, willing to facilitate such an enquiry but quite unwilling to provide the money necessary to allow the Finsac Commission to reveal its findings.
Could it be, a cynic may wonder, that the Finsac report, though useful to provide answers on factors that led to the financial sector crisis of the 1990s, may likely prove politically embarrassing to the People's National Party that formed the Government then, whereas the proposed Tivoli Commission of Enquiry, though needed to answer some very important questions, would likely prove, as was the Manatt Commission of Enquiry, politically harmful to the Jamaica Labour Party under whose watch the Tivoli operation occurred?
Former Finance Minister Audley Shaw, in his recent contribution to the 2013 Budget Debate, advised that it will take only $10 million to $15 million to facilitate the publication of the Finsac Enquiry report. He has pledged to press on with his 'campaign' to get the Government to release funds to complete the Finsac report.
Noted political analyst and attorney-at-law Patrick Bailey recently suggested that the Government and the Finsac commissioners should meet to determine some compromise on the completion of the report. However, it remains to be seen if the Government will yield.
Should there be no reasonable move by the Government, I wonder if it would be possible and appropriate for Mr Shaw, or any other concerned individual, to lead the campaign towards the establishment of an independent fund to raise the money necessary to allow the Finsac commissioners to complete their report?
Although I was not a direct victim of Finsac, for the love of country and in sympathy for the many Finsac victims I stand ready to contribute to such a fund so that the truth behind the financial sector meltdown of the 1990s can be revealed and the corrective measures taken.
I am sure many other Jamaicans would so similarly stand.
Kevin KO Sangster
sangstek@msn.com
I'm ready to help fund the Finsac report
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Though the call for a commission of enquiry into the 2010 Tivoli operation may be correct, it is rather curious that the Government of the day is, without hesitation, willing to facilitate such an enquiry but quite unwilling to provide the money necessary to allow the Finsac Commission to reveal its findings.
Could it be, a cynic may wonder, that the Finsac report, though useful to provide answers on factors that led to the financial sector crisis of the 1990s, may likely prove politically embarrassing to the People's National Party that formed the Government then, whereas the proposed Tivoli Commission of Enquiry, though needed to answer some very important questions, would likely prove, as was the Manatt Commission of Enquiry, politically harmful to the Jamaica Labour Party under whose watch the Tivoli operation occurred?
Former Finance Minister Audley Shaw, in his recent contribution to the 2013 Budget Debate, advised that it will take only $10 million to $15 million to facilitate the publication of the Finsac Enquiry report. He has pledged to press on with his 'campaign' to get the Government to release funds to complete the Finsac report.
Noted political analyst and attorney-at-law Patrick Bailey recently suggested that the Government and the Finsac commissioners should meet to determine some compromise on the completion of the report. However, it remains to be seen if the Government will yield.
Should there be no reasonable move by the Government, I wonder if it would be possible and appropriate for Mr Shaw, or any other concerned individual, to lead the campaign towards the establishment of an independent fund to raise the money necessary to allow the Finsac commissioners to complete their report?
Although I was not a direct victim of Finsac, for the love of country and in sympathy for the many Finsac victims I stand ready to contribute to such a fund so that the truth behind the financial sector meltdown of the 1990s can be revealed and the corrective measures taken.
I am sure many other Jamaicans would so similarly stand.
Kevin KO Sangster
sangstek@msn.com
I'm ready to help fund the Finsac report
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