KINGSTON, Jamaica — Two former senior executives of the collapsed funding agency Shares and Securities Restricted (SSL) have been taken into custody as a part of a coordinated regulation enforcement operation spanning St Andrew and St James.
Investigators are additionally mentioned to be trying to find a 3rd particular person in reference to the continued multibillion-dollar SSL fraud probe. The operation, which started early Saturday morning, kinds a part of investigations which have been ongoing since 2023.
The Monetary Investigations Division (FID), working alongside the Constabulary Monetary Unit (CFU) and the Jamaica Constabulary Drive’s Counter-Terrorism and Organised Crime Investigation Department (C-TOC), carried out searches at 4 places—three in St Andrew and one in St James. The operation is being supported by the Main Organised Crime and Anti-Corruption Company (MOCA).
Authorities mentioned the searches are a part of a broader investigation into alleged fraudulent actions at SSL. Nonetheless, officers haven’t disclosed the particular places concerned, the character of the premises searched, or whether or not any formal costs have been laid.
No further particulars had been supplied on the scope of the operation or the proof being sought. Members of the general public have been suggested to stay calm and keep away from operational areas the place attainable.
The SSL investigation stays certainly one of Jamaica’s most intently watched monetary probes, involving a number of regulation enforcement and anti-corruption companies. Dash legend Usain Bolt is amongst roughly 200 victims of the alleged fraud.
So far, Jean Ann Panton, a former worker of SSL, is the one particular person charged in reference to the investigation. She stays earlier than the courts.
