BOJ governor resigns

[Dr.Dudd]

Re: BOJ governor's emoluments: Who is responsible?

And they will get the corruption they are willing to pay for. No person will run the central bank.

even if the want to they won't be able to .
The similar experience I got from the fellow Jamaica employers when I paid my workers twice the going rate

They put on so much pressure. because I could travel without the workers robbing me blind.

their workers were taking half their stock compensate for the low wages.
The problem was that they losses were many times more that the additional salary I paid my workers.

They were so stuck on keeping the workers hungry, that they lose half their productivity and half their production in the process of keeping the workers starving

damn slavers.

[RichD]

Re: BOJ governor's emoluments: Who is responsible?

seems to me that really did get the corruption they paid for .

the man sign a contract for about 14 Million per year...he then proceeds to extract another 24 million to rent and maintain his own residence...no matter how you spin it it smells.

[barosa]

Re: Dismissal of a Central Bank governor

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">The ex-BOJ governor went as far as to boast of his sense of patriotism in an interview last Thursday with the Observer's Executive Editor - Operations, Desmond Allen, that he was putting &quot;the country first&quot;. He pledged &quot;never to be tempted to do anything which would adversely affect the Jamaica which I love...&quot; Touching indeed.</div></div>
Latibeaudiere must have had his tongue firmly stuck in his cheek while making the above statement. He is a poor example of a patriotic Jamaican when he always seems to be feathering his own nest at the expense of ordinary Jamaicans. There is enough blame to go around because there were some who must have facilitated his &quot;gime gime&quot; orgy of greed... <span style="font-weight: bold">How could he have gotten away with refusing the house bought for him as his residence and then got them to pay him rent for living in his own home?</span> This is a guy whose motto has to be GREED IS GOOD... He should hang his head in shame!
____________________________

&quot;At a time of universal deceit,&quot; wrote George Orwell, &quot;telling the truth is a revolutionary act.&quot;

[Dr.Dudd]

Re: Dismissal of a Central Bank governor

Which other governor if the Bank of Jamaica ever achieved better record that he has?
Probably the house was a security risk?
It may be cheaper for him to live at his own home than tho pay 24 hour security guards that you can't trust. Although they all get at least 2 security guards to watch their homes 24 hours per day.
quote=barosa]<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">The ex-BOJ governor went as far as to boast of his sense of patriotism in an interview last Thursday with the Observer's Executive Editor - Operations, Desmond Allen, that he was putting &quot;the country first&quot;. He pledged &quot;never to be tempted to do anything which would adversely affect the Jamaica which I love...&quot; Touching indeed.</div></div>
Latibeaudiere must have had his tongue firmly stuck in his cheek while making the above statement. He is a poor example of a patriotic Jamaican when he always seems to be feathering his own nest at the expense of ordinary Jamaicans. There is enough blame to go around because there were some who must have facilitated his &quot;gime gime&quot; orgy of greed... <span style="font-weight: bold">How could he have gotten away with refusing the house bought for him as his residence and then got them to pay him rent for living in his own home?</span> This is a guy whose motto has to be GREED IS GOOD... He should hang his head in shame!
____________________________

&quot;At a time of universal deceit,&quot; wrote George Orwell, &quot;telling the truth is a revolutionary act.&quot;

[/quote]

[Dr.Dudd]

Re: BOJ governor's emoluments: Who is responsible?

I have never had a job in Jamaica in which I was not paid housing, and travelling allowance
That is the culture.
Once you hold any post from department.
I got it from the Bauxite, statutoRy bodies and private firms.
It was just how they break down your salary to avoid paying taxes. Since all the perks are tax-free.

Why are people talking about what they don't know
Oh that is what people do. quote=RichD]seems to me that really did get the corruption they paid for .

the man sign a contract for about 14 Million per year...he then proceeds to extract another 24 million to rent and maintain his own residence...no matter how you spin it it smells. [/quote]

[RichD]

Re: BOJ governor's emoluments: Who is responsible?

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body">I have never had a job in Jamaica in which I was not paid housing, and travelling allowance
That is the culture.
Once you hold any post from department.
I got it from the Bauxite, statutoRy bodies and private firms.
It was just how they break down your salary to avoid paying taxes. Since all the perks are tax-free.

Why are people talking about what they don't know
Oh that is what people do. quote=RichD]seems to me that really did get the corruption they paid for .

the man sign a contract for about 14 Million per year...he then proceeds to extract another 24 million to rent and maintain his own residence...no matter how you spin it it smells. </div></div> [/quote]

doc we are not questioning the nature of the benefits but rather the cost of it....$us 12,000 - $13,000 per month in rent and maintenece in jamaica? and im sure that does not incude the staff expenses whch were probably paid directly by the institution.

btw ..back in the seaga days didnt he simplify the tax systenm to try to clam dont on this practice of taking the majority of renumeration in the form of benefits?

[Dr.Dudd]

Re: BOJ governor's emoluments: Who is responsible?

As long as the mechanism to monitor tax avoidance is as weak as It is in Jamaica, any program of adjustment usually revert to the old ways. That is how it is in any society.
and Jamaica is no exception.

[evanovitch]

Re: BOJ governor's emoluments: Who is responsible?

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> . Some are growing more incensed with each new story emanating from the debacle of the mansion. Seems not all are happy that the design work was done outside the country.</div></div>

[evanovitch]

Re: BOJ governor's emoluments: Who is responsible?

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Some would like to know who is responsible for still issuing work permits for go-go dancers, and if none were issued, why are those so engaged not being detained and deported?
</div></div>

[evanovitch]

Re: BOJ governor's emoluments: Who is responsible?

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> Some say a contingency plan is emerging and that it entails the targeted one and some of his cronies slipping quietly away to some place where there are no treaties.
</div></div>

[evanovitch]

dwl, dwl , dwl..bloody brilliant....bravo

[Dr.Dudd]

Re: BOJ governor's emoluments: Who is responsible?

That is why they are bashing him so. They collect architect qualification and expect to go to Jamaica and collect 15% off every building done there. That is what i call a rip off. Anywhere else you can go buy an off the counter plan. Not in Jamaica. You have to pay the architect 15% of the cost of the building. Even if it is not an original plan. They use common plan and just clean it up and ad some little extra, and expect to collect all that money for just that. Well everything in Jamaica Is bandoolo. Even the official professions. <div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: evanovich</div><div class="ubbcode-body"> <div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> . Some are growing more incensed with each new story emanating from the debacle of the mansion. Seems not all are happy that the design work was done outside the country.</div></div> </div></div>