POLICE in the Turks and Caicos Islands yesterday dismissed rumours that head of beleaguered investment club Olint, David Smith, had attempted to commit suicide by taking a drug overdose.

"He is alive and kicking as far as I know," Sergeant Calvin Chase of the Turks and Caicos police force told the Observer. "We have no such information and I am certainly not aware of it."

Smith has been under the microscope since last week when Financial Investigation Unit police in the Turks and Caicos Islands raided his office there, seized computers and froze some of his assets.

"The Financial Investigation Unit is conducting intense investigations as it relates to Olint. There might be other entities overseas but the investigations are still at an early stage," Chase said.

Smith lives on the main island of Providenciales, the most developed island which covers an area of 38 miles.
Yesterday, Chase said Smith was not arrested and was free to travel.

"He is not in custody and is free to come and go right now," he told the Observer.

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