The Natural Resource Fund debate demands accountability and civility

Business and Economic Commentary

The public debate and exchanges surrounding the Natural Resource Fund (NRF) highlight concerns about governance and the need for principled public discourse, particularly on matters of grave national importance. At the centre is Dr Terrence Campbell, the holder of a PhD in Business Administration and a successful entrepreneur. In a letter to the media in his capacity as a member of the Investment Committee of the Natural Resource Fund, Campbell raised issues about transparency and compliance with the NRF Act. That letter emphasised the requirements of Section 16(2), which mandates that all withdrawals must meet specific criteria: financing national development priorities and major natural disasters.