Thu | Aug 16, 2018

Peart right man for BGLC

Published:Friday | August 15, 2014 | 12:00 AM


Regarding the letter published on Monday, August 11, 2014 titled 'BGLC missed point on Gary Peart dilemma' by Georgette Senior in view of the recent rise in concern about Gary Peart's role as chairman of the BGLC and CEO of Mayberry Investments, an investor of local gaming stronghold Supreme Ventures, I am left to question the use of the word 'dilemma' with derision.

First of all, I must commend the Betting, Gaming and Lotteries Commission (BGLC) for publicly addressing the recently spurred concerns of a possible conflict of interest as it pertains to the highly coveted role Mr Peart has in both the BGLC and Mayberry Investments. There have been multiple 'issues of concern' of this nature wherein corporate figures hold interests in two or more organisations, which caught public concern but are yet to be addressed publicly.

Gary Peart, for more than 20 years, has played an integral role within a number of corporate institutions in Jamaica, including his tenure as CEO of Mayberry Investments since 2005. Mr Peart has served with a clean slate as president of the Jamaica Securities Dealers Association, chairman of the Jamaica Bauxite Institute, director of Access Financial Services Ltd., LASCO Financial Services and the Port Authority of Jamaica. In my opinion, Mr Peart humbly carries a fine track record of fiscal knowledge and leadership and is the ideal chairman of the BGLC.

It rattles great suspicion as to why now, after years of Gary Peart's appointment as chairman of the BGLC while remaining as CEO of Mayberry Investments, there is such a great concern. Is this just a case of covetousness or simple rabble-rousing?

I believe Gary Peart has what it takes to bring greater efficiency to the BGLC while sticking to the organisation's regulations aimed at building and maintaining fairness and transparency within our local gaming industry.


Kingston 6