PM's intervention 'has not harmed integrity of banking industry'

Mon, Apr 14th 2014, 01:27 PM

 

PRIME Minister Perry Christie’s bid to assist embattled tax consultant Ishmael Lightbourne has not threatened the integrity of the banking industry, according to RBC Bahamas managing director Nathaniel Beneby.
Mr Beneby, who has oversight of Royal Bank of Canada Bahamas, Cayman and Turks & Caicos Islands, said he felt controversy over Mr Christie’s intervention was politically motivated, adding that his own bank was governed by local and international regulators...

PRIME Minister Perry Christie’s bid to assist embattled tax consultant Ishmael Lightbourne has not threatened the integrity of the banking industry, according to RBC Bahamas managing director Nathaniel Beneby.

Mr Beneby, who has oversight of Royal Bank of Canada Bahamas, Cayman and Turks & Caicos Islands, said he felt controversy over Mr Christie’s intervention was politically motivated, adding that his own bank was governed by local and international regulators...

 

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