Thu | Sep 21, 2017

PSOJ issues notices to members to disclose political funding

Published:Thursday | February 11, 2016 | 2:18 PM

The Private Sector Organisation of Jamaica (PSOJ) leadership has issued notices to its members to take steps to disclose their funding to political parties and candidates.

PSOJ president William Mahfood says the disclosure is voluntary. 

He says members were advised on Monday to make the disclosure directly to the Electoral Commission of Jamaica (ECJ) or to the PSOJ which will forward the information to the ECJ. 

Mahfood notes that once the information has been provided to the ECJ, members of the public would be able to get it under the Access to Information law. 

 

PSOJ president William Mahfood

In the past, GraceKennedy, Scotiabank, Jamaica Money Market Brokers, Sagicor, and the ICD Group declared contributions totalling $69.5 million to the People's National Party and the Jamaica Labour Party.

Last December, Parliament approved legislation regulating campaign financing.

However, it will not take effect in time for the February 25 general elections.