Sun | Aug 20, 2017

Audit Commission chairman urges Jamaica to improve position on corruption index

Published:Monday | May 29, 2017 | 5:28 PM
Leighton McKnight

Chairman of the Jamaica Audit Commission, Leighton McKnight, says efforts must be made to reverse Jamaica’s current position on Transparency International’s Corruption Perceptions Index (CPI) to prevent multi-laterals holding back donations and international investors shying away from Jamaica.

McKnight, who is also senior partner with PricewaterhouseCoopers, says Jamaica’s latest dip by some 14 points in 2016 on the index is not a proud moment and has implications for business.

McKnight reasons that international investors take seriously the perception of corruption.

He was addressing auditors from Supreme Audit Institutions across the Caribbean today at a two-day procurement audit workshop at the Marriot Hotel in Kingston.

The workshop was staged by the Caribbean Organisation of Supreme Audit Institutions, which comprises 23-member bodies from across the region. Its secretariat is currently hosted by Jamaica’s Auditor General’s Department.

Jamaica slipped 14 places to 83 out of 176 countries on the annual Corruption Prevention Index last year, with particular concerns being raised about corruption and inequality.