Major Stories

Temporary Manager of SSL Still Undetermined

The trial to determine the management of the fraud-hit Stocks and Securities Limited (SSL) is scheduled for February 6-9 next year. This decision comes after the matter was presented in court today, but the relevant documents were unavailable. It’s worth noting that the Financial Services Commission (FSC) had sued SSL and their appointed trustee, Kadian Campbell, in an effort to appoint Kenneth Tomlinson, the head of Business Recovery Services Limited, to the position.

The central issue to be resolved is whether SSL was solvent and capable of appointing a trustee when it purportedly did so in January 2023. The outcome will determine the company’s representation. Additionally, other matters related to SSL are still pending in court.

Explore more News – CVM TV

Recent Posts

⁩ 8 PEOPLE ARRESTED IN ILLEGAL SLAUGHTERHOUSE MATTER

An illegal slaughterhouse was uncovered at Big Lane, Central Village, St. Catherine, around 7 AM…

2 days ago

Government Wins Appeal in Court Ruling on Paula Llewellyn’s Tenure

The Court of Appeal has ruled in favour of the government regarding the tenure of…

3 days ago

FLOW Reports Major Vandalism of Fibre Cables in Half-Way Tree

Flow Jamaica is reporting severe vandalism that has disrupted services for numerous customers in the…

2 weeks ago

CHEC Selected As Main Contractor for Multi-Billion Dollar SPARK Programme

The Government of Jamaica has signed $36 billion in road network contracts and announced an…

2 weeks ago

Indecom to Offer Oversight in Mas Camp Incident Allegedly Including Off-Duty Police

The Independent Commission of Investigations (INDECOM) will provide oversight regarding the Mas Camp incident, which…

3 weeks ago

New Integrity Commission Reports Reach Parliament

The Integrity Commission has submitted an investigation report and an indicative ruling from its director…

3 weeks ago