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Story Highlights

  • The Jamaica Promotions Corporation (JAMPRO) is refuting media reports alleging its involvement in a $10 million fraudulent investment scheme linked to the director of a business process outsourcing (BPO) entity operating locally.
  • The operation of the BPO was facilitated by JAMPRO.
  • Speaking at a media briefing at JAMPRO’s Trafalgar Road head office in New Kingston on Thursday (April 7), President, Diane Edwards, said the allegations, as reported by media entity, Caribbean News Now, are “totally unfounded (and) detrimental to our good reputation.”

The Jamaica Promotions Corporation (JAMPRO) is refuting media reports alleging its involvement in a $10 million fraudulent investment scheme linked to the director of a business process outsourcing (BPO) entity operating locally.

The operation of the BPO was facilitated by JAMPRO.

Speaking at a media briefing at JAMPRO’s Trafalgar Road head office in New Kingston on Thursday (April 7), President, Diane Edwards, said the allegations, as reported by media entity, Caribbean News Now, are “totally unfounded (and) detrimental to our good reputation.”

Ms. Edwards said the agency wrote to the Editor requesting that the article be retracted and removed from the news agency’s website within 24 hours of receipt of the letter, which was faxed and emailed on Thursday, April 7.

She said that failure to comply will result in JAMPRO “proceeding to other steps,” including possible legal action.

In addition, Ms. Edwards said a statement clarifying JAMPRO’s position, which she read during the briefing, will be issued to all media houses, including Caribbean News Now.

Ms. Edwards said the article’s publication on Tuesday, April 5, had raised speculations regarding JAMPRO’s integrity in facilitating investments in Jamaica.

She pointed out that JAMPRO’s systems and operations are transparent, and the agency handles investments in keeping with “principles of pure business professionalism.”

“All services to the investor are free. We do not accept cash, cheques, or bank transfers for any investment that comes into Jamaica…neither do we manage investment funds, interfere with or benefit from any investment funds that come into the country,” she outlined.

Ms. Edwards pointed out that as a Government-funded agency operating under the Ministry of Economic Growth and Job Creation, JAMPRO promotes investment and export opportunities in Jamaica “in a bid to attract foreign direct investments and increase the export of Jamaican products in traditional and non-traditional markets.”

“As ambassadors of the Jamaican business brand, we have a responsibility to protect the reputation of this organisation and this country,” she underscored.