June 9 court appearance for ATL Pension Fund accused
THE three former executives accused of fraud in relation to the ATL Pension Fund are again to face the Corporate Area Resident Magistrate’s Court on June 9.
The new date was set yesterday for the confirmation of a fiat from the Office of the Director of Public Prosecutions for attorney Tom Tavares-Finson to prosecute the case against the three accused persons.
In the event that the fiat is granted, Tavares-Finson would be served the case file. Attorneys Garth McBean and Chris Tavares-Finson would appear alongside him.
Police investigations have resulted in the charging of Patrick Lynch, the former Pension Fund chairman, and Dr Jeffrey Pyne, along with former general manager Catherine Barber. They have each been charged with four counts of conspiracy to defraud.
Pyne was charged with an additional four counts of causing money to be paid by false pretences, bringing the total for him to eight counts of fraud.
All three had their $5-million bail each extended yesterday.
The management of the ATL/Sandals Group had previously assured all team members, contributors to the ATL Pension Fund and pensioners that their pension contributions are safe.
“We would like to emphasise that notwithstanding the charges brought against former senior directors of the group, in relation to the administration of the pension fund, the integrity of the fund remains intact,” the group said in a press statement.
