
Open letter to Michael Lee-Chin
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Saturday, May 10, 2008
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Dear Editor,
Mr Lee-Chin, over the last six years I've closely followed your many business and philanthropic efforts, beginning with the crowning jewel of your empire, AIC, the Canadian-based mutual fund company, with assets in excess of CAD$9 billion. Your donations of millions to both the Royal Ontario Museum and McMaster University have only helped to raise your profile.
In Jamaica, you've made great strides as well. Your purchase of the National Commercial Bank, along with CVM communications, has placed you in elite company on the island. These two acquisitions top the list of your many islandwide corporate endeavours. There seems to be no end to the cash flow destined for AIC's coffers.
I'm a firm believer in the biblical philosophy that "to whomsoever much is given, of him shall much be required". Mr Lee-Chin, you've certainly proved to the world that you know what it takes to make money. There's no disputing that. But the question is, what have you given back to Jamaicans living in Canada and Jamaica? Sure, we have an undeniable sense of pride in your success. But I'm referring specifically to monetary contributions.
In no way do I believe that you should be simply handing out funds to random Jamaicans living in Canada and Jamaica. Not at all. Instead, I feel that the creation of a foundation which provides grants to deserving individuals would be ideal. Namely, those seeking higher education, artistes with projects geared at positively promoting Jamaican culture internationally, and for those with business concepts possessing great commercial appeal.
I am one of the aforementioned individuals: an internationally published veteran writer turned filmmaker now in search of financing for a new project.
David Dacosta Toronto, Canada sunfeedback@gmail.com
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