The Federal Burea of Investigation’s (FBI) expertise has been sought by Jamaica in the ongoing Stocks and Securities Ltd (SSL) fraud case, Finance and the Public Service Dr Nigel Clarke revealed today (January 23)
Speaking during a press conference at which he delivered a policy address on financial sector regulation, in reaction to the SSL scandal, Clarke said: “Having spoken with some of those leading the investigation, I can say they are resolute and determined to unravel its complexities and bring all of those responsible to justice. In fact, based on the magnitude of this fraud and the lines of enquiry being pursued, the Financial Investigations Division (FID) and the Fraud Squad have already, last week, sought assistance from the Federal Burea of Investigation, and other international partners.”
This estimated US$3-billion theft is one of the largest securities fraud cases to hit Jamaica over the last 20 years.
Our Today understands that a military jet, believed to have been transporting officials from the FBI, arrived in Jamaica last Friday (January 20).