$72M in cheques written to ghost suppliers

In a clear breach of financial regulations, Region Six, East Berbice/Corentyne Democratic Council, has been preparing millions of dollars in cheques for supplies no one even knew existed. During the statutory Public Accounts Committee (PAC) meeting at Parliament chambers on Monday, the issue was extensively discussed and PAC Chairman Irfaan Ali sought answers to the worrying development.

Read more

User Avatar

The Caribbean Association of Banks, Inc. is the representative body and recognized voice for banks and other financial institutions in the Caribbean. We seek to influence policies and legislation which impact the sector by advocating on our members’ behalf and participating in the global network of similar institutions.

Write a comment

The reCAPTCHA verification period has expired. Please reload the page.