Turks and Caicos
Turks and Caicos Swears in Three New Supreme Court Justices
December 12, 2011 | 8:35 am | 0 Comment
Above: from left, Governor Ric Todd, Justices Joan Joyner, Margaret Ramsay-Hale and Edwin Goldsbrough By the Caribbean Journal staff The Turks and Caicos has sworn in new Supreme Court Justice Joan Joyner, following similar ceremonies for recently-appointed Justices Edwin Goldsbrough and Margaret Ramsay-Hale. Joyner was previously the Chief Magistrate of Turks more...
Turks and Caicos Attorney General Obtains First Civil Recovery Order
December 9, 2011 | 12:25 pm | 0 Comment
Above: downtown Grand Turk By the Caribbean Journal staff The government of Turks and Caicos has obtained the first civil recovery order under the provisions of the Proceeds of Crime Ordinance 2007, Attorney General Huw Shepheard announced today. The order was made by the Chief Justice following a short hearing; Gill and the government reached a settlement more...
British Virgin Islands Has Caribbean’s Best Quality of Life: Report
August 30, 2011 | 10:43 pm | 0 Comment
Above: Scrub Island in BVI By the Caribbean Journal staff A report by the Financial Times' fDi Intelligence division has named the British Virgin Islands as having the Caribbean's best quality of life. The report, which ranks what it deems the region's "Countries of the Future," covers several categories, including economic potential, infrastructure, business more...
Antigua , British Virgin Islands , Cayman Islands , Markets , News , St. Lucia , Turks and Caicos
Inside David Smith’s OLINT Sentence
August 20, 2011 | 8:00 pm | 0 Comment
By Robert Di Pano United States authorities are now seeking restitution and asset forfeiture from failed OLINT Ponzi schemer David Smith after his 30-year prison sentence for wire fraud and money laundering was announced Aug. 11. US Federal District Court Judge Mary Scriven ordered Smith to pay $55.6 million to OLINT victims. Smith has also agreed to forfeit $128 more...
OLINT Investors Await Smith Sentencing
August 1, 2011 | 10:10 am | 0 Comment
Above: Federal District Court in Orlando, Fla. By Robert Di Pano David Smith, the mastermind behind the Caribbean-based Olint Ponzi Scheme that bilked investors out of over $220 million, will be sentenced Aug. 11 in United States District Court in Orlando, Fla. Smith pled guilty March 28 to 23 counts of wire fraud, conspiracy to commit money laundering, and money more...
Jamaica , Law , Markets , News , Turks and Caicos
New Airline Could Launch in Turks
July 8, 2011 | 11:46 am | 0 Comment
A new air carrier, SkyCruise Airways, is set to launch in Turks and Caicos after submitting plans to the government's Air Transport Licensing Authority. According to documents filed with the ATLA, the company's points of departure and final destinations include Providenciales and three other islands in the Turks and Caicos, along with two cities in the Bahamas, Kingston, more...
Assets of Former Turks and Caicos Premier Michael Misick Frozen
July 4, 2011 | 11:11 am | 1 Comments
The assets of former Turks and Caicos Premier Michael Misick were frozen last week. Turks Chief Justice Gordon Ward ordered that all the assets of Misick, who resigned in 2009 after allegations of corruption, be frozen. "This order prohibits you, Michael Misick, the alleged offender, from dealing with all of your assets wherever they may be situated in the world and more...
New Governor for Turks and Caicos
June 20, 2011 | 9:49 pm | 0 Comment
By the Caribbean Journal staff Damian Roderic Todd, former finance director on the board of the British Foreign and Commonwealth Office, has been selected as the next governor of the Turks and Caicos, assuming the role in September to succeed current Governor Gordon Wetherell. "I am delighted to be appointed Governor of the Turks and Caicos Islands, which is not only a more...
Turks Governor: “Tough Decisions” Ahead
March 16, 2011 | 8:12 pm | 0 Comment
Gordon Wetherell, Governor of Turks and Caicos, said there were "tough decisions" ahead for the territory, as the United Kingdom seeks to execute a financial support package for the archipelago, which saw its constitution suspended in 2009 after a series of corruption allegations. "We need to use the breathing space [the package] provides to bring revenue and spending more...
Protests Continue in Turks and Caicos
March 15, 2011 | 5:10 am | 0 Comment
Protesters in the Turks and Caicos have not yet relented, continuing their movement for expedited elections in the territory, which saw its self-rule suspended in 2009 after allegations of government corruption. The protesters have refused to dismantle a barricade along the Airport Road in the island chain's capital, Providenciales. "Give us an election date this year and more...
