Too many missing files, says Sir Frank
Too many important Government files are going missing and the Freundel Stuart administration has been advised to do more to protect state data.
The concern has been expressed by economic adviser to Government Sir Frank Alleyne, who also chairs the Financial Services Commission, one of the largest supra-regulatory authorities on the island, overseeing pension funds, credit unions, mutual funds and insurance companies.
Speaking at a recent Democratic Labour Party weekly lunchtime lecture at the George Street Auditorium, Sir Frank said: “We have to take seriously the protection of data. Experience shows that very often key documents, key files disappear and you have to start the process all over again.
“Pray tell me in this age of ICT, where every day the methods for securing information have been improved – you try and tell me you can’t invest in this? These are critical to reducing the cost of doing business in Barbados.”
Citing other key risks impacting on Barbados’ ability to get itself out of the current economic slump, he blasted the country’s court system which he accused of costing the island important investment income and contributing to the island’s shrinking competitiveness because of its constant delays. (GE)