Chairman must make disclosures

EDITOR, The Tribune.

AS MEMBERS of the public watch the political scene unfold they should be aware of certain facts. One item of interest is section 6 of the Electricity Act of The Bahamas Part II:

Section 6 provides that:

A member of the Corporation, if he is interested in any company or undertaking with which the Corporation have or propose to make any contract, shall disclose to the Corporation the fact and nature of his interest and shall not take part in any deliberation or decision of the Corporation relating to such contract, and such disclosure shall be forthwith recorded in the minutes of the Corporation.

If the Chairman or a BEC board member has a business(es) that are customers of BEC, he/she must disclose it upfront, and if those companies have outstanding obligations (bills) with BEC, the Chairman must also disclose this.

Well informed and Watching

Nassau,

June 19, 2012

Comments

242352 says...

Bill.

What Bill?

That was settled.

He meant to say sept under the carpet....

Posted 22 June 2012, 4:32 p.m. Suggest removal

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