By Halshane Burke
The Global Jamaica Diaspora Council (GJDC) could engage in an education campaign on the local investment landscape in light of the instances of fraud reported at several financial institutions.
Jamaicans overseas have been voicing concern about the allegations of fraud at Stocks and Securities Limited and the soundness of Jamaica's financial system.
The investment firm is now under the direct oversight of the Financial Services Commission as investigators probe a multi-billion dollar fraud scheme.
Speaking in the Senate on Friday afternoon, Opposition Senator Lambert Brown questioned whether the council would be undertaking a public education campaign to assure Jamaicans in the diaspora of the safety of their investments back home.
In response, State Minister for Foreign Affairs, Leslie Campbell, said the suggestion would be prioritised.
"At the minute, the Global Jamaica Diaspora Council is not properly constituted. The elections, I think we're closing today, the 27th. So I expect by the first week in February that all the members [will] be called back, at which time I may very well make a recommendation that we consider some education initiative to deal with the matter," he said.
