REDACTED -IC Petrojam Investigation - Donations October 2019 final

Page 199 of 215 Petrojam Limited Integrity Commission October 2019 5. The Director of Investigation recommends that Petrojam Limited ensures that actual public relations value is obtained where donations are made in keeping with the entity’s corporate social responsibility mandate. Further, it is recommended that the donations portfolio is administered in a manner which ensures equity and prudent financial management in an effort to guard against illicit exploitation and the funneling of funds to special interest group and affiliates. 6. Having regard to the conflict of interest that arose in the circumstances surrounding the donations made by Petrojam Limited to the Scientific Research Council and Munro College, the Director of Investigation recommends that the Board of Directors at Petrojam Limited as well as other public officials affiliated with the entity, apprise themselves of and abide by the provisions of the Public Bodies Management and Accountability Act (PBMA), other legislation and policies, in relation to issues of conflict of interest, whether real or perceived, in the making of donations. 7. The Director of Investigation strongly recommends that Petrojam Limited, in the management of its donations budget, ensure greater accountability and efficient management of the funds earmarked for donations. This recommendation is made as it relates to the following: (a) The depletion of Petrojam Limited’s 2018-2019 donation budget; (b) The lack of accountability by Petrojam Limited in monitoring its donation budget; (c) The failure of the North Eastern Regional Health Authority to provide Petrojam Limited with a quotation or invoice for the procurement of an incubator as well as the failure of Prof. Errol Morrison to provide the entity with official documentary evidence to substantiate that the donations received by the University Diabetes Outreach Programme and the National Council on Science and Technology were utilised for their intended purposes; (d) The lack of accountability on the part of Petrojam Limited in monitoring the manner in which the funds donated were expended by the Homestead Primary