Businessman Dereck Foster is warning that corruption is “the biggest single problem” facing Barbados.
Foster, who is executive chairman of Automotive Art, the Caribbean’s largest automotive aftermarket retailer, said the country was facing “tough economic times” and “the short term is going to be painful for lots of businesses”.
But he stressed: “I think the biggest issue in Barbados by far, and that needs to be addressed in the most urgent and severe manner, is the issue of the level of corruption throughout the society.”
Foster, whose business operates throughout the Caribbean, and has operations in the United States and Europe, said while he was hearing a lot about rooting out corruption at the Government level, he also wanted members of the local business community, who were found to be corrupt, to face “dire consequences”. (SC)
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