Pintard says ‘unexplained wealth’ among public officials a cause for concern

The Bahamas is facing mounting scrutiny over allegations of unexplained wealth among public officials and their relatives, with Free National Movement (FNM) leader Michael Pintard leading the charge for greater accountability. Pintard has expressed deep concern over the Public Disclosure Committee’s failure to produce a full compliance list for 2023, despite a legal mandate requiring Members of Parliament (MPs), senators, and senior civil servants to submit their financial declarations by March 1. The committee has attributed delays to accessibility and facility challenges, but critics dismiss these explanations as mere excuses. Pintard revealed that he has sought a comprehensive report from the committee but has only received partial information regarding senators, leaving parliamentarians’ disclosures unaccounted for. He emphasized that the alleged rise in unexplained personal enrichment among officials is a systemic issue that undermines governance and called for the establishment of an independent body to investigate the sources of their wealth. Pintard suggested that some individuals in office may be leveraging contracts to benefit themselves or their political parties. He also highlighted that the problem extends beyond elected politicians to include permanent secretaries, deputy permanent secretaries, and procurement committee members, warning that without intervention, corruption will persist. Currently, there are no effective consequences for officials who fail to disclose their wealth, as only the prime minister or the leader of the opposition can act on delinquent filings, potentially exposing offenders to fines or imprisonment. Governance advocates and the US Department of State have long criticized The Bahamas for its lack of transparency, urging reforms to address these issues. Pintard accused the government of showing insufficient urgency in tackling corruption, describing its efforts as laughable.