News Feed

May 25, 2013 - New Start Parkinson School to introduce new c ... +++ May 25, 2013 - Yes and no The Barbados Government said today ... +++ May 25, 2013 - Recovery talks Prime Minister Freundel Stuart has ... +++ May 25, 2013 - Barbados’ newest millionaire Barbados has a new multi-millionair ... +++ May 25, 2013 - Blowing in the wind! Barbados Light & Power Company Limi ... +++ May 25, 2013 - Recognition of Industry High’s work needed Students at the Industry High Schoo ... +++ May 25, 2013 - It is crunch time The Barbados economy is "in imminen ... +++ May 25, 2013 - ‘Some pain’ needed in order to gain The trade union movement is expecti ... +++ May 24, 2013 - Cause for life Medical professionals in Barbados a ... +++ May 24, 2013 - $35 million road package Government will shortly roll out a ... +++ webdesign

Support police

Talking Cash-For-Gold: Commissioner of Police, Darwin Dottin (right) with his Acting ACP for Territorial Policing, Erwin Boyce (left) and President of the Barbados Chamber of Commerce and Industry, Lalu Vaswani today. (EJ)

Talking Cash-For-Gold: Commissioner of Police, Darwin Dottin (right) with his Acting ACP for Territorial Policing, Erwin Boyce (left) and President of the Barbados Chamber of Commerce and Industry, Lalu Vaswani today. (EJ)

The Barbados Chamber of Commerce and Industry is warning that potential earnings from illegal cash-for-gold transactions have the capacity to undermine the island’s key foreign exchange tourism sector.

President Lalu Vaswani was responding to figures released this morning by Commissioner of Police, Darwin Dottin, which showed that for the first two months of this year, thieves had taken close to one million dollars worth in gold jewellery.

But Vaswani suggested that this situation reflected a decline in the country’s social and moral fabric, and it was therefore not a matter of enforcing laws by the police, but for citizens, NGOs, the church and civil society to “come forward and support the police”.

He said he believed these entities could make a difference by adhering to the crime prevention advice of the police, by reporting crime, by being more alert and reactivating or establishing neighbour watches.

The business sector spokesman urged Barbadians not to be vigilantes, but act responsibly, sensibly and protect themselves.

“So, the business community will be engaging a members’ forum shortly, and this topic will be taken up; and also we meet with the commissioner of police formally after that, so that we can identify the specific things we could do,” stated Vaswani.

He however, suggested a measure which could be put into operation immediately by the business community.

The chamber of commerce boss recommended that the legal cash-for-gold traders should adhere to the provision of the new legislation which required them to conduct transaction, only at their place of business and not, as the commissioner announced, going to the persons who were selling the gold.

“For example, the commissioner pointed that certain advertisements were promoting the activity in a way that was no longer lawful,” Vaswani observed.

He said business leaders also needed to communicate more with the police and be aware of the legal elements in running their businesses. (EJ)††

One Response to Support police

  1. Stephen Small-Warner March 11, 2013 at 12:21 pm

    Why won’t the Police and the Barbados Chamber of Commerce and Industry immediately make it mandatory for businesses to fill out a sales document, capturing the name, address, National ID Card & #, or Valid Passport & # (retaining copy of same), for the cash for precious metals (gold, or whatever else) exchange?
    In addition, won’t a significant increase in fines levied against merchants found participating in the exchange of cash for gold illegally and in non-compliance of appropriate guidelines set to collect such information help?
    With Barbados’ reputation and it’s Tourism Industry, at stake, it’s great to see that BPF and BCC&I is immediately stepping up to the plate to change the situation, together. They well know that our tourists include Barbadians who come home, stay in hotels, inns etc., rent cars, and pump monies into their local community as well, when they come.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>