Caribbean Development Bank (CDB) President Dr Warren Smith on Monday used the forum afforded him on the opening day of the inaugural two-day Caribbean Conference on Corruption, Compliance and Cybercrime to target “those who seek to circumvent systems and processes,” asserting that it was critical that institutions like the Caribbean Development Bank (CDB) employ diverse strategies to stay ahead of those who seek to “circumvent systems and processes”.
In what was evidently a thinly veiled reference to challenges associated with ensuring accountability in the disbursement of development and crisis-relief funding emanating from financial institutions, Smith said that the rampaging COVID-19 pandemic had put into focus what he described as the thorny and constantly evolving nature of corruption and how it can reverse development gains in the region.
