Monday | December 17, 2001
Go-Jamaica Gleaner Classifieds Discover Jamaica Youth Link Jamaica
Business Directory Go Shopping inns of jamaica Local Communities

Home
Lead Stories
News
Business
Sport
Commentary
Letters
Entertainment
Flair
The Star
E-Financial Gleaner
Search This Site
powered by FreeFind
Services
Weather
Archives
Find a Jamaican
Subscription
Interactive
Chat
Free Email
Guestbook
Personals
ScreenSavers
Submit a Letter
WebCam
Weekly Poll
About Us
Advertising
Gleaner Company
Search the Web!

Senate to deal with BoJ stance

LEADER OF Opposition Business in the Senate, Dr. Ossie Harding gave notice Friday that he would be referring to the Privileges Committee of Parliament, the refusal of the Bank of Jamaica (BoJ) to supply information to a Senate committee studying the collapse of the financial sector in the 1990s.

"The fact is that we have a right to summon people to Parliament and it's a right I guard jealously," Senator Harding said in the Senate. He said he would refer the matter to the committee in the new year.

Under the rules governing Parliament, matters can be referred to the Committee of Privileges, if they appear to affect the privileges of Parliamentarians.

Two Fridays ago, Senators blasted officials at the central bank for what they said were attempts to frustrate the work of the committee, which was set up on a resolution brought by Opposition Senator Anthony Johnson over a year ago.

But in an advertised statement last week, the BoJ reacted by saying that they should know that "restrictions on the release of information relating to banking operations constitute a fundamental basis for soundness and stability in any banking system."

In its statement the BoJ asserted that it co-operated and responded to requests from the Senate to the extent that such responses were legally permissible.

Back to Lead Stories































In Association with AandE.com

©Copyright 2000-2001 Gleaner Company Ltd. | Disclaimer | Letters to the Editor | Suggestions