Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
HARDING: MY HANDS ARE CLEAN
HARDING... was not aware of Bolt having an account at SSL.
News
January 22, 2023

HARDING: MY HANDS ARE CLEAN

FORMER Stocks and Securities Limited (SSL) CEO Zachary Harding has stepped forward with a clear message meant for all and sundry: My hands are clean.

This comes after SSL has found itself at the centre of a massive fraud — thought to be the biggest in Jamaica’s history — that has shocked the nation and the world.

“I have nothing to hide. My heart is clear and my conscience is free,” Harding said in an interview with the Jamaica Observer on Saturday.

He also stated that during his two years and nine months (September 2019 – June 2022) at the helm of SSL he was never told that national icon Usain Bolt had an account with the company.

Attorneys representing the Olympian have indicated that in the order of US$12.7 million, or nearly $2 billion, has been fleeced from Bolt’s account. They have given the management of SSL until January 27 to pay over the stated sum or face legal action.

Bolt is among at least 30 people impacted by the still-unfolding fraud which is being investigated by the police Fraud Squad and the Financial Investigations Division.

“During my time as CEO at SSL, Usain Bolt’s name never came up as a customer of SSL. He was never mentioned in any management meeting, in any strategy meeting, in any client review meeting, [so] it’s not a case of, ‘How come the runner had so much money in there and it gets stolen and nobody ever saw it. ‘I was not aware of him having an account there, his name never came up; it never ever arose while I was there,” the former CEO emphasised.

Harding told the Sunday Observer that he knows Bolt socially [but] said “neither he nor his team ever contacted me. If there was some issue that was known to them or whatever, they could have easily contacted me, but nobody ever did”.

Harding disclosed that a member of Bolt’s management team informed him that former wealth advisor at SSL, Jean-Ann Panton, who has been implicated in the fraud, was the person at the investment company who managed Bolt’s account.

Two properties connected to Panton, who has reportedly given a statement indicating that she took money from clients’ accounts without their consent, were searched by the police and other investigators for several hours on Friday. The investigators said they seized documents and electronic devices from both properties.

A statement Panton reportedly gave to a justice of the peace in which she admitted to fleecing the accounts of several clients does not mention Bolt.

“My understanding is that he [Bolt] only ever dealt with one person with his account and that was Jean-Ann Panton,” Harding said. “So as to what Jean-Ann Panton could have been doing, or saying, or showing him, nobody would know except for her, because she was the only person that they dealt with.”

Harding questioned how Panton reportedly confessed (although not in a police statement) to falsifying documents, to defrauding clients etc, with specific amounts stated, yet there is no mention of Bolt in that confession.

“There’s a gap there as everybody wants to know where Usain’s money is and they saying Panton has now confessed, but the two don’t correlate.

“There has to be more questions asked because that is a glaring gap,” said Harding.

He told the Sunday Observer that he is “shocked and disappointed” at what is unfolding at SSL as he has been learning about it in the media like everybody else.

“For clarity, I resigned from SSL last year June so anything after that I am totally unaware of. I sit on no boards, I sit on no committees; I’m not a shareholder of SSL,” Harding stated.

“A lot of people have misconstrued and think that I am SSL and it is my company, and I still work there, or I have links there. I have nothing to do with SSL at all … zero. I don’t even have an account there,” he said.

Harding stressed that up until the time he left there were no internal investigations taking place to the best of his knowledge.

“There was nothing that pointed to any improprieties being carried out by any employees. This is all news to me,” he insisted.

BOLT … several millions said to have been fleeced from his account at SSL.

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

GraceKennedy eyes full control of Tastee Cheese producer
Business, Latest News
GraceKennedy eyes full control of Tastee Cheese producer
December 19, 2025
KINGSTON, Jamaica — GraceKennedy has agreed to buy out the shareholding of New Zealand's Fonterra Co-operative Group in Dairy Industries (Jamaica) Ltd...
{"jamaica-observer":"Jamaica Observer"}
Three family members hacked to death in Rocky Point, relative in custody
Latest News, News
Three family members hacked to death in Rocky Point, relative in custody
December 19, 2025
CLARENDON, Jamaica —Three persons were hacked to death in a reported dispute among family members in the Frazersfield area of Rocky Point in Clarendon...
{"jamaica-observer":"Jamaica Observer"}
Eastern Hanover residents welcome hurricane relief donations from BGLC
Latest News, News
Eastern Hanover residents welcome hurricane relief donations from BGLC
December 19, 2025
Residents in the eastern Hanover communities of Jericho, Retrieve, and Morris have welcomed recent hurricane relief donations of tarpaulins, tents, ma...
{"jamaica-observer":"Jamaica Observer"}
UN declares famine over in Gaza, says ‘situation remains critical’
International News, Latest News
UN declares famine over in Gaza, says ‘situation remains critical’
December 19, 2025
GAZA, Palestinian Territories (AFP) — A famine declared in Gaza in August is now over thanks to improved access for humanitarian aid, the United Natio...
{"jamaica-observer":"Jamaica Observer"}
Cornwall College, Clarendon College set up Ben Francis Cup final clash
Latest News, Sports
Cornwall College, Clarendon College set up Ben Francis Cup final clash
December 18, 2025
ST ANN, Jamaica — Cornwall College and Clarendon College, two of the most successful schoolboys' football teams in Jamaica, set up another final after...
{"jamaica-observer":"Jamaica Observer"}
TikTok signs joint venture deal to end US ban threat
International News, Latest News
TikTok signs joint venture deal to end US ban threat
December 18, 2025
WASHINGTON, United States (AFP) — TikTok said Thursday it had signed a joint venture deal with investors that would allow the company to maintain oper...
{"jamaica-observer":"Jamaica Observer"}
48-hour curfew imposed in St Andrew Central
Latest News, News
48-hour curfew imposed in St Andrew Central
December 18, 2025
KINGSTON, Jamaica – A 48-hour curfew has been imposed in the St Andrew Central Police Division.  The curfew will began at 6:00 pm, on Thursday, Decemb...
{"jamaica-observer":"Jamaica Observer"}
Marathoner ‘Daddy Roy’ Thomas dies at 97
Latest News, News, Sports
Marathoner ‘Daddy Roy’ Thomas dies at 97
December 18, 2025
KINGSTON, Jamaica – Fitness enthusiast Roy Thomas, a well-known figure on the local running circuit, has died aged 97. The Reggae Marathon confirmed T...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  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.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct