PSOJ's threat is harsh and premature – Derrick Smith
Shanna Monteith, Gleaner Writer
Leader of Government Business in the House of Representatives Derrick Smith has described as harsh and premature the threat by the private sector to withhold contributions to political parties until campaign finance regulations are in place.
The call for the enactment of the regulations follows allegations that senior members of the People’s National Party (PNP) collected millions of dollars from donors to finance the February 25 election campaign, but did not hand over the funds to the party’s treasury.
Yesterday, Chief Executive Officer at the Private Sector Organisation of Jamaica (PSOJ), Dennis Chung, didn't say when the decision will be made regarding the withholding of donations.
However, he said it's taking too long to finalise the regulations which were passed earlier this year.
And speaking with The Gleaner/Power 106 News Centre this morning, Smith, who has responsibility for electoral matters, said the PSOJ’s statements were extreme.
Meanwhile, Smith agrees that the campaign finance regulations should be fast-tracked in light of allegations against the PNP.
He says although it was not at the forefront in the last few months there are now reasons to address the regulations as soon as possible.
However, he did not give a timeline.