In a rare political move, controversial Cabinet Minister, Everald Warmington, has warned former Jamaica Labour Party (JLP) President and Prime Minister, Bruce Golding, to back off and desist from criticising the current Andrew Holness-led JLP Government over its handling of the Stocks and Securities Limited (SSL) fraud scandal.
By Andrew Clunis
This email address is being protected from spambots. You need JavaScript enabled to view it.
Usain Bolt must feel like Lewis’ Carroll’s enigmatic character Alice, in the much-celebrated tome, Alice in Wonderland, as the SSL saga becomes ‘curiouser and curiouser’.
In early January 2023, news broke that several depositors at the investment firm Stocks and Securities Ltd., (SSL) had been fleeced of billions of dollars.
RUNAWAY BAY, St Ann — Saying Prime Minister Andrew Holness's statement on allegations of a multi-billion-dollar fraud at investment firm Stocks and Securities Limited (SSL) had not gone far enough, general secretary of the Opposition People's National Party, Dr Dayton Campbell has urged the Government to "step aside" if it is unable to effectively handle the crisis and outline the way forward.
“Like all Jamaicans, at home and abroad, I am thoroughly disgusted and upset by revelations in the public domain surrounding this matter.
The Opposition People's National Party is expressing concern about the apparent failure of the Financial Services Commission (FSC) to provide adequate regulatory oversight of companies operating in the non-deposit taking financial services industry.
The legal team for retired sprint king Usain Bolt has given Stocks and Securities Limited (SSL), a company holding investments for the eight-time Olympic champion, 10 days to return his missing funds or face criminal and civil action.
The Andrew Holness-led Government has indicated that it is going full speed ahead to transition Jamaica from a constitutional monarchy to a republic despite suggested encumbrance from the Mark Golding-led Opposition.