KINGSTON, Jamaica — Police have reported the seizure of 44.1 pounds of cocaine at the Kingston Container Terminal (KCT) shortly after 1:00 pm Thursday afternoon.
This cocaine seizure is the second at the terminal in less than twenty-four hours and the third in a week.
Reports from the police are that ...more »
GEORGE TOWN, Cayman Islands (AP) — The managing director of the Cayman Islands’ electricity regulator has been suspended after an audit turned up financial irregularities.
The British Caribbean territory’s Electricity Regulatory Authority suspended Joseph Ebanks on Monday after the islands’ auditor general discovered some “inappropriate financial transactions.”
More details were not publicly disclosed. The auditor general’s findings are being sent to the financial crimes unit of the Royal Cayman Islands Police Service.
Ebanks could not immediately be contacted Monday. It was not known if he had a lawyer.
Meanwhile, the regulatory agency has appointed its deputy managing director to take over Ebanks’ responsibilities during the investigation.
The grouping of three tiny islands in the Caribbean is the top offshore jurisdiction for hedge funds and boasts the world’s sixth largest financial centre.
POST A COMMENT
1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper – email addresses will not be published.
2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
4. Please do not write in block capitals since this makes your comment hard to read.