George Harre

The first real test of Cayman's anti-money laundering Proceeds of Criminal Conduct Law 1996 has ended in victory for the alleged money launderers and defeat for the US government - all because the US authorities were a day late in meeting a key filing deadline. Although not agreeing with his interpretation of at least two key points of the PCCL, Cayman's Court of Appeal nevertheless upheld a decision by former Chief Justice George Harre to discharge a restraint order freezing $7 million in three accounts at the Royal Bank of Canada that were controlled by Americans William J. McCorkle and his wife, Chantal.

Former 'Acting CEO' of the Cayman Islands Stock Exchange applies to head Bahamas International Stock Exchange, Bermuda Government wants a Bermudian, not British, Governor' Cayman judge rebukes attorney F. Lee Bailey, First Cayman Bank liquidators may want to look at two properties in Florida that belong to the Quraeshi family, further evidence emerges of Cayman Islands Government incompetence in collapse of First Cayman Bank, the hypocrisy of Bermuda's Home Affairs Minister Quinton Edness, Euro Bank Corp. receives Class 'A' banking license in Cayman.