Bribery & Corruption

FCO announces end of bank secrecy in overseas territories

February 27, 1998

The clearest indication yet that the UK government will force its Overseas Territories to co-operate with foreign regulators investigating both fiscal and regulatory offences was given this week to Offshore Alert.Offshore centres like Bermuda, the Cayman Islands, the Turks & Caicos Islands and the British Virgin Islands are being told by the UK government to introduce within two years legislation that will be virtually identical to the UK Criminal Justice (International Co-operation) Act 1990.

John McLean facing legal battle over Cayman land

January 30, 1998

Cayman's minister for land, John McLean, is facing possible legal action after he was awarded Crown land potentially worth millions of dollars that another local resident claims is legally his.Leroy Johnson has consulted attorneys about bringing a civil lawsuit against McLean and has even gone so far as to file a criminal complaint against the minister with the Cayman police, alleging theft.

Cayman MLA John Jefferson Jr. loses civil lawsuit

October 31, 1997

Cayman's National Team government has taken no action against one of its members, John Jefferson Jr., who lost a civil lawsuit that included evidence of dishonesty on his part and a letter indicating he may have attempted to extort money from a foreign airline by abusing his position as a Member of the Legislative Assembly.

McKeeva Bush to be fired after First Cayman Bank collapses

October 31, 1997

McKeeva Bush, a director of First Cayman Bank who lied about his directorship after the bank collapsed amid allegations of fraud, is expected to be officially removed as a government minister when the Cayman Islands Legislative Assembly begins its next session on Friday, October 31.Bush has become an acute embarrassment to the Cayman government since First Cayman collapsed earlier this month, particularly with an international banking conference taking place on the island.

Bermuda’s Police Commissioner fired after government minister implicated in drugs sting

September 29, 1997

British policeman Colin Coxall has been forced to resign as Bermuda's Police Commissioner six months before the end of his three-year contract following pressure from the government. He will step down on October 31.

R. Allen Stanford et al v. Klaus de Albuquerque et al: Libel Complaint

April 4, 1996

Libel Complaint in R. Allen Stanford and Bank of Antigua, Ltd. v. Klaus de Albuquerque and Caribbean Communications Inc. at the U. S. District Court for the Southern District of Florida.

Cayman Islands: Gilbert Connolly

October 16, 1995

Application for the appointment of a Commissioner to collect evidence for a criminal investigation in the Cayman Islands into alleged corruption by Gilbert Connolly while serving as Superintendent of Insurance.