Finance Minister Fayval Williams, in response to issues which were raised within the public area concerning the appointment of chartered accountant Dennis Chung as Chief Technical Director (CTD) of the Monetary Investigations Division (FID), has rejected the criticism of the appointment.
Williams has additionally rejected a requirement that the Authorities search to rescind the appointment, which she mentioned was a suggestion of the Workplace of the Companies Fee (OSC).
In a launch from the Finance Ministry on Friday mentioned “The proposal (demand) for the Authorities to insert itself right into a meritorious course of which included commercial and interviews, and was performed by the OSC, is each reckless and harmful.
“This can be a path which Jamaica ought to keep away from. If the aforementioned is the strategy to governance that any particular person or organisation proposes to use to the corridors of Authorities, Jamaicans ought to take cautious notice and reject this inclination.”
The discharge went on to state that, “Moreover, Minister Williams mentioned that characterising Mr Chung as “simply an accountant” demonstrates ignorance because it pertains to the competency and skill-set required for the place. These questioning ought to do a search that can point out that to turn out to be the top of a monetary investigation division, you’ll want a… robust mixture of training, expertise and expertise. Sometimes, this includes a Bachelor’s diploma in a related subject like accounting, finance, regulation or a associated space, together with at the very least seven to 10 years of expertise in areas like auditing, monetary evaluation or investigations.”
The discharge additional said that, “Mr Chung possesses ample related training, expertise and expertise for this place. The choice course of was clear. The place was marketed. Candidates had been shortlisted and interviewed. Mr Dennis Chung got here out profitable. We stand firmly behind his choice on the idea that due course of was noticed.”
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