Warning that the government’s proposed State Assets Recovery Bill constitutes a “threat to democracy and good governance,” the Private Sector Commission (PSC) is seeking to have it sent to a special select committee prior to being considered by the National Assembly.
The bill was due for a second reading and debate in the National Assembly on Thursday but the proceedings were deferred until the next sitting, which will most likely be next Thursday.
In a letter to the Speaker of the National Assembly Dr. Barton Scotland, dated February 6th, 2017 and signed by PSC Vice Chairman Desmond Sears on behalf of the Chairman Edward Boyer, the PSC maintained that the provisions set out in the bill are in conflict with the fundamental rights of citizens and will negatively affect investor confidence.
