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FINSAC’d group considers seeking help from the queen

Published:Monday | August 12, 2013 | 7:38 PM

Jerome Reynolds, Staff Reporter



President of the Association of FINSAC’d Entrepreneurs Yola Gray-Baker, says the group is considering petitioning Queen Elizabeth II to ask her to compel Governor General Sir Patrick Allen to instruct that the FINSAC Commission produce a report.




Gray-Baker says this is among the options up for discussion when the association meets to decide its next step.



She says the association has lost faith that it can get action from local authorities.



Gray-Baker has also chastised the FINSAC Commissioners for what she says is their lack of duty to Jamaicans.



Last June, the Government said it had spent some $65 million to finance the commission and it says it will make no further allocation.



The high interest rate regime and financial policies of the then People’s National Party Administration have been blamed for contributing to 1990’s financial collapse.



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