JUSTICE Paulette Williams last Thursday granted the defence an adjournment, until today, in the fraud trial of former Cash Plus boss Carlos Hill following an application from his lead attorney Valerie Neita-Robertson.
Neita-Robertson made the application to review documents and seek the services of a financial expert, based on material disclosed by the prosecution last Wednesday, and as it relates to the core issue of whether Hill's companies were viable at the time members of the public were being asked to invest in them.
Additionally, Neita-Robertson requested that the prosecution disclose material relevant to a statement from the Financial Services Commission.
The trial was first delayed on Wednesday after the prosecution amended the indictment relating to charges against Hill and the disclosure of new material, five years after charges were laid against him.
Addressing Thursday's delay, Justice Williams said that "it is a bit surprising" that disclosure is such a paramount issue after so many years.
"The Crown doesn't seem to be as ready [although] it said it is [ready] to proceed with the smooth running of the trial," added Justice Williams.
On Wednesday, the Crown amended the indictment, which now states, in part, that Hill, between April and November 2007, fraudulently induced people to invest in Cash Plus Limited and Cash Plus Group Limited by making statements that the companies were viable entities and promising investors returns on their money.
He's also being tried on a second charge of attempting to fraudulently induce persons to invest.
Hill was charged in 2008 following the collapse of the investment scheme.