Oropouche West MP Davendranath Tancoo says he is concerned that citizens’ private banking information could be easily accessed by Government officials, following recent utterances by Minister of Finance Colm Imbert, over the current foreign exchange crisis.
In an official statement issued today, the UNC Chairman and Opposition spokesman on Finance referred to a post on Minister Imbert’s social media account at X (formerly Twitter), in which the Minister stated: “I checked with the EximBank today, and I was told that the businessman the paper is promoting has NEVER applied to the EximBank for access to foreign exchange. NEVER.”
According to MP Tancoo, Minister Imbert has abused his position and authority in order to obtain such data.
“Imbert has no right to see who requested foreign exchange and who didn't,” the Opposition MP argued. “No politician … should have that kind of access to private banking information of people or businesses.”
MP Tancoo says one of the Opposition’s “biggest fears” has been realised, as a result.
“This is exactly why the Revenue Authority must be opposed—Imbert and his Cabinet colleagues will have access to everyone’s financial information for political victimization and abuse,” he maintains.
“In light of this serious turn of events,” the UNC Chairmain said, “it is now more important than ever before that citizens demand that Minister Imbert state exactly what information he requested of Eximbank, how was the request made, and on what basis did the bank provide said information to the Minister, who is an active politician.”
“The EximBank must also provide an unambiguous explanation regarding the conditions under which Mr. Imbert was able to access information on the bank's clientele,” he added.
MP Tancoo called on the Finance Minister clear the air on the matter, as soon as possible.