Bawl Out

>> Tuesday, February 2, 2010

There exists a listing of all beneficiaries of the FINSAC bail out.  This fact was revealed to the general public by the General Manager of FINSAC at the Commission of Enquiry.

So the list exists; it has been compiled; it is available, but only to a select few. Why?

The taxpayers of Jamaica have funded the operations of FINSAC.  Taxpayers have borne the gigantic financial burdens of the so-called meltdown.  Companies and selected individuals were bailed out.  They were given very substantial wavers, write-offs, loans forgiveness, blighs and turn blind eyes. Some were not: their properties were confiscated and sold to foreign interests at a song.  While some are still singing a jolly song, others are humming a dirge. 

But what were the criteria applied to select those for special treatment and those who were forced to the wall?

Which interests benefited from the forced sale of choice properties?
Did some beneficiaries their political connections to feather their nest?

Are there any members of this JLP Government who have benefited from special treatment  by FINSAC?

Are there PNP Members of Parliament - past and present - who are connected to entities that have been given a bligh by FINSAC?

Are there any legal firms or attorneys-at-law who have benefited from special operations by FINSAC?

What are the factors what precluded former owners from re-purchasing their seized businesses/assets at the same price offered to foreigners?

We need to know chapter and verse. Publish the names, connected parties, extent of the sums owed and the extent of the forgiveness by FINSAC.

Bawl Out those who got the Bail Out.

Let us all know those who have been accorded by the GOJ the order of the BO. It smells. Phew!

1 comments:

Anonymous,  February 4, 2010 at 7:59 PM  

Hey Mr Cynic, I would like to know why Finsac been hiding their findings We the poor people been out manouvered, pressurized, lampooned and buldozed into nothingness. We have a right to know who are the tapanaris and the priviledged who have our money in their big house , benz and pajeros. Is time fi shout it out yah sah !!!

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