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    Home»Local News»‘Don’t be a syndicate,’ Bolt snaps at Venesha Phillips’ SSL questions – Jamaica Inquirer
    Local News

    ‘Don’t be a syndicate,’ Bolt snaps at Venesha Phillips’ SSL questions – Jamaica Inquirer

    Team_Jamaica 14By Team_Jamaica 14February 12, 2025No Comments5 Mins Read
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    Retired dash sensation Usain Bolt has responded sharply to Jamaica Labour Occasion (JLP) member Venesha Phillips after she requested him a sequence of questions concerning the cash he misplaced within the multi-billion-dollar fraud at funding agency Shares and Securities Restricted (SSL).

    Phillips, who quoted Bolt’s X (previously Twitter) put up on Monday that his interview on the ‘The Repair’ podcast wouldn’t be “edited”, quizzed the dash legend on whether or not he has taken authorized motion in opposition to some who managed his monetary affairs.

    “Did you get recommendation or directive from Authorities straight or not directly concerning making the funding you made after which misplaced?” Phillips requested.

    “Was all of it privately performed? Have you ever sued the one that managed your affairs? These questions, if answered, will give us right here perspective,” mentioned the previous Folks’s Nationwide Occasion (PNP) councillor-turned-JLP member.

    Bolt on Wednesday quoted her put up, stating, “Attempting to sufferer disgrace me… don’t be a Syndicate!”

    And, in a fast rebuttal, Phillips urged the 100m and 200m file holder to not fall for “gas-lighting”.

    “There’s no sufferer shaming. You’re a sufferer, but it surely was not peanuts that you just have been investing, and given your profile, I requested you whether or not you opted for sure stage recommendation, and if you happen to thought of authorized motion in opposition to a few of these you trusted with ur (your) funds,” she acknowledged.

    Earlier on Tuesday, a number of customers of X got here to the defence of Bolt, urging Phillips to indicate sympathy for the tracks star and his proper to talk out on the lack of his funds.

    “Integrity, if any, would have you ever put apart politics in some actual life points and present even a little bit of empathy. It may very well be U (you),” a person acknowledged on X.

    Phillips, in response to that view, mentioned there was “no lack of empathy” on her half.

    “Context and details matter. The PNP retains pushing a political narrative for no cause,” she added.

    Venesha Phillips (centre) 

    However in doubling down on his place, the person urged Phillips to not add politics to the dialogue.

    “USAIN BOLT, the final time I checked, will not be the PNP, so U (you) ought to be clever sufficient to distinguish an individual from a political celebration,” he acknowledged.

    To not be outdone, Phillips requested: “When and the place did I counsel he was even linked in thought to the PNP?”

    Persevering with, she mentioned: “Hear, I posted inquiries to his (Bolt’s) put up. That’s that.

    “By now it’s best to know I’m not one to fret about assaults. You all have to be taught to permit individuals to carry their very own views on points, kmt,” she quipped.

    In the meantime, there have been blended views on Bolt’s response to Phillips, with some highlighting that not many victims of the SSL fraud have resorted to talking out in the best way he has chosen to.

    “I imply, there are lots of different victims who invested in that brokerage agency, however we do not hear them bawling on social media as you’re doing,” mentioned a person in responding to Bolt’s remark aimed toward Phillips.

    One other particular person agreed that the retired athlete has some private duty to absorb the matter.

    “Whomever was advising you, defeated you as a result of that cash was no rooster feed. You went into the lion’s den they usually took benefit of your innocence.

    “All of the Authorities can do now’s use the legal guidelines on the books. I hope you discover the justice you’re in search of,” the X person mentioned.

    In defending Bolt, a male person of the platform mentioned: “Cannot consider y’all are actually attempting to model Bolt enuh. I wager if the orange juice celebration was in energy y’all response can be completely different. However right here comes the inexperienced tea celebration trolls. A suh it guh stillz.”

    Requested one other: “All investments include threat, however if you happen to observe the development of the case, how can individuals from one political celebration consistently blame Bolt?”

    On January 12, 2023, information broke that tens of millions of {dollars} reportedly went lacking from Bolt’s account at SSL, which subsequently led to a multi-agency fraud probe that resulted in Jean-Ann Panton, a former wealth advisor on the agency, being the only individual to be charged to date.

    Two years after the fraud was uncovered, Bolt gave his first public interview on the matter on Monday.

    He mentioned regardless of conversations with Authorities officers, “nothing has materialised” with the case. He additional expressed his disappointment that the investigations have been ongoing for the previous two years with none signal of progress.

    “(It’s) the Authorities alone (who) actually can do nothing (something) large ’bout this,” Bolt asserted, including that he felt that the authorities haven’t been doing sufficient to resolve the fraud case.

    He additionally dismissed rumours that he had recovered the funds he initially invested in SSL.



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