JAMAICAN track and field icon Usain Bolt pumped US$6.5 million into the investment firm Stocks and Securities Limited (SSL) between 2012 and 2017 but almost as soon as the money was deposited it was moved out without his knowledge.
Read more: Gone with the wind - Bolt's money merely passed through SSL
More questions have arisen about the quality of oversight state regulator, the Financial Services Commission (FSC), gave to the now-fraud-hit Stocks and Securities Limited (SSL) as a 2019 assessment revealed that a string of violations flagged more than two years earlier continued to dog the institution.
Read more: Clarke labelled derelict by Opposition over handling of FSC report
Despite howls of protest about the government’s refusal to extend the current traffic ticket amnesty deadline for motorists to pay long-outstanding fines, National Security Minister Dr Horace Chang is insisting that the January 31 deadline is in place to help sustain law and order.
Read more: Chang says govt will not relent on traffic ticket amnesty deadline
The seven former employees of the Jamaica Defence Force Cooperative Credit Union Limited charged with defrauding the institution had their matter sent to plea and case management when they appeared in court Friday.
Read more: Police need more time in JDF Credit Union fraud probe
There is a major traffic pile-up around sections of South Camp as hundreds of motorists are now gathered on the road trying to reach to Traffic Court to pay up outstanding tickets before the new Road Traffic Act and Regulations takes effect on Wednesday, February 1.
Read more: Chaos at traffic court as ticket payment deadline looms