Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • International
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • International
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Phillips highlights need to strengthen corporate governance
Peter Phillips
Latest News, News
August 15, 2018

Phillips highlights need to strengthen corporate governance

KINGSTON, Jamaica — Opposition Leader, Dr Peter Phillips said in order to remove the partisan political stranglehold on the Board of Directors of public bodies, there is need to overhaul the method of selection.

Phillips, who was speaking at the official dinner of the Caribbean Organization of Supreme Audit Institutions’ (CAROSAI) 30th Anniversary Conference at the Jamaica Pegasus Hotel yesterday, said while the architecture for ensuring good governance and accountability has achieved some success, recent breaches highlight some of the deficiencies in the current oversight arrangements.

According to a release from the PNP, he highlighted some of the breaches in the areas of administrative rules; procurement rules and established protocols for the hiring and firing of staff, as were shown in the PetroJam saga, and with other agencies that fall under the Ministry of Science, Technology Energy and Mining (MSTEM).

Phillips emphasised that these breaches seem to flow from increasing partisan, political considerations in the administration of public bodies, which facilitate corruption, the diversion of public funds, and weaken public trust in government.

Dr Phillips says there needs to be a deliberate effort to strengthen the mechanisms to ensure the protection of taxpayers’ money and integrity of the systems and services.

“The inclusion of appropriate skill sets, including human resources expertise and accounting/financial expertise that is applicable to the particular enterprise must be mandatory for all public boards. These boards must also include an accountable officer from the ministry under which the portfolio falls. The specific responsibility of this member would be to ensure that the Public Sector Financial Regulations are adhered to,” Phillips was quoted as saying.

The Opposition Leader also noted that a major deficiency in the governance architecture and accountability framework for the public bodies lies in the area of Financial Management and Accountability, the release said.

He said the lack of adequate human and material resources militate against the effective functioning of the office of the Auditor General.

“Auditor General’s office is responsible for assessing the effectiveness of public financial management systems and the levels of compliance with policies and guidelines within the various ministries, departments and agencies, and public bodies.”

In addition to the legal architecture for accountability and good governance, Phillips said civil society has a major role to play.

“The members of civil society must insist on transparency, hold the government to acceptable standards of ethical conduct, maintain vigilance through attendance at public sittings of the Parliament and strengthen the role of the media as the watchdog and ‘the voice of the people,” he continued.

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Forex: J$159.93 to one US dollar
Business, Latest News
Forex: J$159.93 to one US dollar
May 8, 2025
KINGSTON, Jamaica – The US dollar on Thursday, May 8, ended trading at $159.93 up from $159.87 by six cents according to the Bank of Jamaica’s daily e...
{"jamaica-observer":"Jamaica Observer"}
Grenada gov’t plans to repeal death penalty
Latest News, Regional
Grenada gov’t plans to repeal death penalty
May 8, 2025
ST GEORGE’S, Grenada (CMC) – The Government of Grenada is planning to remove the death penalty as a punishment for a criminal offence but before a fin...
{"jamaica-observer":"Jamaica Observer"}
Bajan ex-deputy speaker found not guilty of rape
Latest News, Regional
Bajan ex-deputy speaker found not guilty of rape
May 8, 2025
BRIDGETOWN, Barbados (CMC)— The former deputy speaker of the Barbados Parliament, Neil Rowe, was on Wednesday found not guilty of raping a woman at hi...
{"jamaica-observer":"Jamaica Observer"}
US lawmakers back Trump’s ‘Gulf of America’ name change
International News, Latest News, Regional
US lawmakers back Trump’s ‘Gulf of America’ name change
May 8, 2025
WASHINGTON, United States (AFP) — US lawmakers voted Thursday to rename the Gulf of Mexico as the "Gulf of America," turning into federal law an execu...
{"jamaica-observer":"Jamaica Observer"}
Police express gratitude to citizens as crimes continue to trend down in St James
Latest News, News
Police express gratitude to citizens as crimes continue to trend down in St James
May 8, 2025
ST JAMES, Jamaica — The police in St James are lauding the cooperation of citizens which they say has been instrumental in the downward trend in crime...
{"jamaica-observer":"Jamaica Observer"}
Bill Gates speeds up giving away fortune, blasts Musk
International News, Latest News
Bill Gates speeds up giving away fortune, blasts Musk
May 8, 2025
NEW YORK, United States (AFP)— Microsoft co-founder Bill Gates announced Thursday an accelerated timeframe for giving away his fortune as he touted ar...
{"jamaica-observer":"Jamaica Observer"}
Commander of US Southern Command to visit Jamaica
Latest News, News
Commander of US Southern Command to visit Jamaica
May 8, 2025
KINGSTON, Jamaica — Commander of the United States (US) Southern Command (SouthCom) Admiral Alvin Holsey is set to visit Jamaica this week as part of ...
{"jamaica-observer":"Jamaica Observer"}
Trump says election of first US pope ‘great honor for our country’
International News, Latest News
Trump says election of first US pope ‘great honor for our country’
May 8, 2025
WASHINGTON, United States (AFP) — President Donald Trump on Thursday hailed the election of Pope Leo XIV, the first American-born head of the Catholic...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy
Thirty set to compete for 2025 Hyundai Miss Universe Jamaica crown
Art & Culture, Entertainment
Thirty set to compete for 2025 Hyundai Miss Universe Jamaica crown
BY KEVIN JACKSON Observer writer entertainment@jamaicaobserver.com 
May 6, 2025
WITH the regional pageants out of the way it’s now time for the national Hyundai Miss Universe Jamaica pageant. Thirty young ladies have advanced to t...
Telegram
{"xml":"xml"}{"jamaica-observer":"Jamaica Observer"}
Berly’s for Mother’s Day
Lifestyle, Tuesday Style
Berly’s for Mother’s Day
May 6, 2025
For years, women have been conditioned to play it safe with their professions — go to school, choose a career, work for a company or two, retire at 65...
Telegram
{"xml":"xml"}{"jamaica-observer":"Jamaica Observer"}
The Style Issue, May 8, 2025
Lifestyle, Page2, Page2 Section, ...
The Style Issue, May 8, 2025
May 8, 2025
Last Saturday, in the bustling heart of the Jamaica Pegasus ballroom, during the I AM VM Awards, where intrigue lurked behind every fan, winning team ...
Telegram
{"xml":"xml"}{"jamaica-observer":"Jamaica Observer"}

Recent Posts

Forex: J$159.93 to one US dollar
Business, ...
Forex: J$159.93 to one US dollar
May 8, 2025
KINGSTON, Jamaica – The US dollar on Thursday, May 8, ended trading at $159.93 up from $159.87 by six cents according to the Bank of Jamaica’s daily e...
{"jamaica-observer":"Jamaica Observer"}
Grenada gov’t plans to repeal death penalty
Latest News, ...
Grenada gov’t plans to repeal death penalty
May 8, 2025
ST GEORGE’S, Grenada (CMC) – The Government of Grenada is planning to remove the death penalty as a punishment for a criminal offence but before a fin...
{"jamaica-observer":"Jamaica Observer"}
Bajan ex-deputy speaker found not guilty of rape
Latest News, ...
Bajan ex-deputy speaker found not guilty of rape
May 8, 2025
BRIDGETOWN, Barbados (CMC)— The former deputy speaker of the Barbados Parliament, Neil Rowe, was on Wednesday found not guilty of raping a woman at hi...
{"jamaica-observer":"Jamaica Observer"}
US lawmakers back Trump’s ‘Gulf of America’ name change
International News, ...
US lawmakers back Trump’s ‘Gulf of America’ name change
May 8, 2025
WASHINGTON, United States (AFP) — US lawmakers voted Thursday to rename the Gulf of Mexico as the "Gulf of America," turning into federal law an execu...
{"jamaica-observer":"Jamaica Observer"}
Police express gratitude to citizens as crimes continue to trend down in St James
Latest News, ...
Police express gratitude to citizens as crimes continue to trend down in St James
May 8, 2025
ST JAMES, Jamaica — The police in St James are lauding the cooperation of citizens which they say has been instrumental in the downward trend in crime...
{"jamaica-observer":"Jamaica Observer"}

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Forex: J$159.93 to one US dollar
Business, ...
Forex: J$159.93 to one US dollar
May 8, 2025
KINGSTON, Jamaica – The US dollar on Thursday, May 8, ended trading at $159.93 up from $159.87 by six cents according to the Bank of Jamaica’s daily e...
{"jamaica-observer":"Jamaica Observer"}
Grenada gov’t plans to repeal death penalty
Latest News, ...
Grenada gov’t plans to repeal death penalty
May 8, 2025
ST GEORGE’S, Grenada (CMC) – The Government of Grenada is planning to remove the death penalty as a punishment for a criminal offence but before a fin...
{"jamaica-observer":"Jamaica Observer"}
Bajan ex-deputy speaker found not guilty of rape
Latest News, ...
Bajan ex-deputy speaker found not guilty of rape
May 8, 2025
BRIDGETOWN, Barbados (CMC)— The former deputy speaker of the Barbados Parliament, Neil Rowe, was on Wednesday found not guilty of raping a woman at hi...
{"jamaica-observer":"Jamaica Observer"}
US lawmakers back Trump’s ‘Gulf of America’ name change
International News, ...
US lawmakers back Trump’s ‘Gulf of America’ name change
May 8, 2025
WASHINGTON, United States (AFP) — US lawmakers voted Thursday to rename the Gulf of Mexico as the "Gulf of America," turning into federal law an execu...
{"jamaica-observer":"Jamaica Observer"}
Police express gratitude to citizens as crimes continue to trend down in St James
Latest News, ...
Police express gratitude to citizens as crimes continue to trend down in St James
May 8, 2025
ST JAMES, Jamaica — The police in St James are lauding the cooperation of citizens which they say has been instrumental in the downward trend in crime...
{"jamaica-observer":"Jamaica Observer"}

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct