Minister Imbert shares legal advice on Central Bank Governor with Cabinet

Wednesday, December 9, 2015 - 20:00

Finance Minister Colm Imbert has updated the Cabinet on the legal advice he has received pertaining to the decision by the Central Bank Governor's recent disclosures.

However, Communications Minister Maxie Cuffie told the post-Cabinet media conference today that although he did update the Cabinet, only the Minister is permitted to give any further statement on the issue, adding "he will advice us as to when he has something to report".

He told the media that Minister Imbert "has spoken comprehensively on that matter and we agreed the Finance Minister will be speaking on that matter when appropriate".

Minister Imbert had raised questions about whether the Central Bank Governor committed a criminal act by releasing detailed information about the companies consuming the most foreign exchange.

The Minister told the Senate that he received several letters from members of the banking and business communities complaining to him that a criminal offence may have been committed by identifying individual companies.

The Central Bank Governor has denied wrongdoing with his disclosure.