Friday, April 19, 2024

Governor strikes back

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MINISTER OF FINANCE Chris Sinckler, represented by Solicitor General Jennifer Edwards, will head to the High Court tomorrow to have a temporary injunction preventing him from firing Central Bank Governor Dr DeLisle Worrell lifted.

It is the latest development in a blow-up at the Central Bank which was exposed a week ago by the SUNDAY SUN in which it was revealed that the board of directors was no longer prepared to work with Worrell, who is the chairman.

The directors met with Sinckler days earlier and insisted that if Worrell was not terminated, they were prepared to step down.

Moreover, a major rift had also developed at the bank between the governor and his top management team who claimed he had not held management meetings for almost two years. (GE)

Please read the full story in today’s Daily Nation, or in the eNATION edition.

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