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Most MPs, senators disclosed ahead of deadline

The majority of parliamentarians submitted their financial disclosures ahead of the deadline, Public Disclosure Commission (PDC) Chairman Myles Laroda said yesterday.

As the commission last met on Thursday — a day before the March 1 deadline — Laroda was unable to say whether the remaining parliamentarians disclosed by the deadline.

“We met as a body on Thursday, [and] we don’t meet again until Thursday this week, so I won’t have those numbers until then,” Laroda told The Nassau Guardian.

“All I can tell you is that, up to Thursday, there were a lot of people coming in and out, bringing their disclosures.

“I don’t have the exact figures, but I would say the vast majority of the [MPs] and senators would have brought in their declarations. It’s fair for me to say that. Thursday afternoon, I’ll have a better picture.”

The Public Disclosure Act mandates members of Parliament, senators, senior public officers and public appointees to declare their assets, income and liabilities as of December 31 of each year.

The act empowers both the prime minister and the leader of the opposition to “authorize the furnishing of any information furnished to him by the [Public Disclosure] Commission to the attorney general or the commissioner of police”.

It provides for a $10,000 fine or imprisonment of a term not exceeding two years, or both, for anyone who violates it.

Last month, Laroda revealed that three parliamentarians who failed to make their financial disclosures within the legally stipulated timeframe last year, were allowed to do so months later.

While the original deadline for public disclosures was March 1, the date was legally changed to March 31 last year, after there were reportedly logistical challenges in issuing letters to some parliamentarians.

Asked yesterday whether any extensions will be granted this year, Laroda said, “Let’s put it this way, I’ll answer that on Thursday.”

Sloan Smith

Staff Reporter at The Nassau Guardian
Sloan covers national news for The Nassau Guardian. Sloan officially joined the news team in September 2016 but interned at The Nassau Guardian while studying journalism at the University of The Bahamas.
Education: Vrije Universiteit Brussel (University of Brussels), MA in Mass Communications
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