Major Stories

Opposition Calls For Greater Oversight In Financial Sector

Following days of deepening fraud and controversy surrounding oversight of the financial services sector, Opposition Spokesman on Finance Julian Robinson has called on the Andrew Holness led administration to break its silence and intervene to restore order to the sector.

His call comes on the heels of news now in the international media that athletic sprint legend, Usain Bolt was among dozens of people who was fleeced of millions of US dollars in local investment firm Stocks and Stocks Limited.

He is also questioning the financial services oversight body, the Financial Services Commission’s actions over the years in addressing breaches at the entity again in the web of controversy. Robinson says it is crucial that the government of Jamaica acts to restore confidence noting reputational damage.

Watch the full report here:

Watch more Major Stories here: https://www.cvmtv.com/category/news/major-stories/

Recent Posts

J. Wray & Nephew Limited Expands Portfolio with Distribution of Courvoisier

J. Wray & Nephew Limited, a subsidiary of Campari Group, has expanded its premium spirits…

2 days ago

Mikael Phillips Says He’s Subject of IC Report Sent to Parliament

Based on media reports and calls from journalists, I understand that I am the subject…

3 weeks ago

Criminal Threats Halt Work on Mandela Highway, Government Vows to Press On

Work to improve a critical section of the Mandela Highway through Central Village came to…

3 weeks ago

All Set for N.E.S.A. By-Election

The voters of St. Ann North Eastern go to the polls today (September 30, 2024)…

1 month ago

Integrity Commission Slams Fake Document Amid Leak Controversy

Reprehensible, abominable, and repulsive! That’s how the Integrity Commission is describing a fake document circulating…

2 months ago

St James Man Charged for Murder

Detectives in St. James have charged 30-year-old Joseph McKenzie, also known as "Geo," with the…

2 months ago