Financial Crime World

Bahamas Needs Strong Anti-Corruption Laws, Governance Reformer Says

By Jade Russell

Nassau, Bahamas - A leading governance expert has warned that a comprehensive package of anti-corruption laws is crucial for The Bahamas’ development. According to Matt Aubry, executive director of Our Research Partners (ORG), the introduction of such legislation is essential in addressing corruption within the public sector and business community.

The Need for Anti-Corruption Laws

  • Corruption continues to plague parts of the public sector, with reports suggesting that one in five people have admitted to being asked or paid a bribe.
  • The absence of anti-corruption laws is hindering the country’s development and reputation, making it difficult to attract foreign investors.

Government Promises Unfulfilled

The Davis administration had promised to pass a comprehensive package of anti-corruption legislation during its first 100 days in office. However, this deadline passed without any significant progress.

Attorney General Announces Review of Anti-Corruption Legislation

In August, Attorney General Ryan Pinder announced that anti-corruption legislation was being reviewed. Aubry expressed hope that the government would take concrete steps towards implementing these laws soon.

The Importance of Long-Term Strategy

Aubry emphasized the importance of passing anti-corruption legislation as a long-term strategy for the country’s development, rather than just focusing on short-term gains.

“This year is a critical one and what happened (with) the last administration can also happen here,” Aubry warned. “The government should focus on matters that aid in the long-term sustainability of the country.”

Transparency and Accountability

In addition to anti-corruption laws, Aubry’s organization is also pushing for the immediate enactment of the Freedom of Information Act.

“We believe that transparency and accountability are essential components of good governance, and we will continue to advocate for these principles in our work with the government,” Aubry said.