CL Financial Bailout – how the Integrity Commission Failed to carry out its duty
There is the saying that there is nothing new under the sun. One aspect of the CL Financial (CLICO) saga Barbadians can learn from is to critique how the Integrity Commission has performed its role given the clamour to impose transparency legislation in Barbados. Citizen Advocate Afra Raymond shares the view that the Integrity Commission failed to discharge its duties in the CL Financial affair.
– David, blogmaster
Yet another worrying aspect of the CL Financial (CLF) bailout fiasco is the role of the Integrity Commission (IC) in these turbid dealings. I am referring to the apparent failure or refusal of The Commission to carry out its duties in relation to CLF as required by the Integrity in Public Life Act (IPLA).
I first raised the prospect that CLF might well be under the IC’s oversight on 28th May 2009, in an article entitled – Judgment Time – Moral Hazard part 3. I have been pursuing that concern steadily since September 2012 and yet the position of the IC is no clearer. On 9th September 2015, I again put the question – Is the integrity Commission being willfully blind towards CL Financial? Indeed, in my March 28th 2018 interview with the Trinidad Express, I stated, in relation to the governance aspects unearthed by my campaign – Read full text on Afra Raymond’ s Website.