Finsac enquiry ruling expected tomorrow

THE Judicial Review Court is set to rule tomorrow on the challenge against retired Justice Boyd Carey's chairmanship of the suspended Finsac enquiry.

The court on August 13 reserved judgement whether or not Carey should be disqualified from the sitting and the probe declared null and void.

The court reserved its decision following final arguments from lawyers representing the defendants -- Carey, Charles Ross and Worrick Bogle -- and the claimants in the Supreme Court hearing.

The claimants -- former Finance Minister Omar Davies, ex-financial secretary Shirley Tyndall, former Finsac chairman Patrick Hylton and the Jamaica Redevelopment Foundation Inc -- are challenging Carey's decision not to withdraw from the enquiry and have asked the court to declare the commission null and void.

The claimants are challenging Carey's chairmanship, arguing that he had a debt that was taken over by Finsac after the collapse of the financial sector in the mid-1990s. The claimants have contended that Carey is among the group of persons the commission is tasked with looking at how they were treated by Finsac.

The claimants are also seeking the ouster of the commission's attorney, RNA Henriques.

The Finsac commission was set up look into the financial meltdown intervention of the Government entity Finsac. The hearings were suspended earlier this year due to the court case.

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