Caribbean Cement Company Limited has addressed recent allegations regarding political contributions, emphasizing that its donations to Jamaica’s major political parties were voluntary and compliant with local laws. The clarification comes after reports surfaced that its parent company, Mexico-based Cemex, disclosed a payment of US$201,538 to the ruling Jamaica Labour Party (JLP) in a filing with the United States Securities and Exchange Commission (SEC). Initially described as ‘fees’ in the filing, the reference was later removed in an amended version. In a statement released on Thursday, Carib Cement asserted that the contributions adhered to legal and regulatory standards and clarified that the amendment to the SEC filing was merely a correction of the original report. The Opposition People’s National Party (PNP) has called for transparency, with PNP General Secretary Dr. Dayton Campbell expressing concerns over the reported payment and its implications.
