The stunning revelation that Jamaica Broilers Group (JBG), a bedrock of Jamaican corporate life, was the victim of a massive, multi-year fraud in its US operations is a profound cautionary tale.
The $46-billion hole blown in its balance sheet exposes vulnerabilities not just within JBG, but in the very systems of oversight that investors and the public are meant to trust.
At its heart, this was a failure of governance.
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