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JAM | Jun 17, 2026

Opposition raises questions on potential conflict of interest in Paymaster acquisition

/ Our Today

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The recent reacquisition of a controlling ownership interest in Paymaster by Minister Audrey Marks raises legitimate questions regarding the management of potential conflicts of interest and the safeguards required to maintain public confidence in government decision-making.

Minister Marks holds Cabinet responsibility for Efficiency, Innovation and Digital Transformation, a portfolio that directly shapes policy affecting Jamaica’s digital services, payments systems, and wider fintech ecosystem. Paymaster operates within that same space, providing payment and digital transaction services across the economy.

In addition, Paymaster’s operations intersect with a broader digital and telecommunications environment in which regulated service providers interact with government policy and regulatory frameworks. This further underscores the need for clarity and transparency regarding how any potential conflicts are being managed.

In this context, the public is entitled to clarity on the following:

• Whether the Minister has made an application to, and received approval or exemption through, the Parliamentary Ethics Committee in relation to her ownership interest in Paymaster while serving in Cabinet;

• Whether the required disclosures have been submitted and considered in accordance with established parliamentary procedures governing Members with business interests;

• What formal recusal and conflict-management arrangements have been established to ensure the Minister takes no part in Cabinet or policy decisions that could directly or indirectly affect Paymaster or its competitive environment;

• What safeguards exist to ensure that government policy on digital transformation, digital payments, fintech, and related services is insulated from any actual or perceived private interest?

For a Cabinet Minister to hold ownership in a company operating within a sector directly connected to her ministerial responsibilities inevitably raises questions that must be transparently addressed.

The issue is not whether any wrongdoing has occurred. The issue is whether sufficient safeguards are in place to prevent actual, potential, or perceived conflicts of interest arising from this overlap.

Clarity in this matter is not optional; it is essential.

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