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Independent Senator backs decision of Central Bank Governor to state big company users of Foreign Exchange

Independent Senator backs decision of Central Bank Governor to state big company users of Foreign Exchange

NEWS GRAPHIC 4An Independent Senator is backing the decision of the Central Bank Governor to state the names of companies that are the big users of foreign exchange in the country.

However, Finance Minister, Colm Imbert, tells the Senate that there could be legal backlash from the Governor’s announcement.

Minister Imbert said he is also in possession of letters from firms that have raised concern with the Governor’s revelation.

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Finance Minister, Colm Imbert

Meanwhile , contributing to proceedings in the Senate, Independent Senator , Daneshwar Mahabir, said in light of the growing demand for US Currency there is need to tell members of the public where the bulk of the funding is going.

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Senate Independent Senator, Daneshwar Mahabir.

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