RUNAWAY BAY, St Ann — Saying Prime Minister Andrew Holness's statement on allegations of a multi-billion-dollar fraud at investment firm Stocks and Securities Limited (SSL) had not gone far enough, general secretary of the Opposition People's National Party, Dr Dayton Campbell has urged the Government to "step aside" if it is unable to effectively handle the crisis and outline the way forward.
“Like all Jamaicans, at home and abroad, I am thoroughly disgusted and upset by revelations in the public domain surrounding this matter.
The Opposition People's National Party is expressing concern about the apparent failure of the Financial Services Commission (FSC) to provide adequate regulatory oversight of companies operating in the non-deposit taking financial services industry.
The legal team for retired sprint king Usain Bolt has given Stocks and Securities Limited (SSL), a company holding investments for the eight-time Olympic champion, 10 days to return his missing funds or face criminal and civil action.
The Andrew Holness-led Government has indicated that it is going full speed ahead to transition Jamaica from a constitutional monarchy to a republic despite suggested encumbrance from the Mark Golding-led Opposition.
Prime Minister Andrew Holness says the new Firearms Act is already affecting the psyche of offenders and has resulted in the arrest and charge of more than 80 people for various firearm offences since the law came into effect in November last year.
A decision by Prime Minister Andrew Holness to cancel today's weekly meeting of his Cabinet has led to heightened speculation that a reshuffle of his ministers will be announced this week.