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Friday, 29 April 2016

Case of former FSRC head Leroy King to put back on the front burner

A high ranking court official yesterday confirmed that the authorities are taking steps to list the matter of the former head of the Financial Services Regulatory Commission (FSRC), Leroy King, for hearing in the High Court “as soon as possible” as the US Department of Justice (USDOJ) continues to make enquiries about the status of King’s extradition process.

 The matter has been stalled in the system for nearly four years since King filed his last challenge against the decision of the Minister of External Affairs, former prime minister Baldwin Spencer to sign the warrant to return him to the US to face charges linked to the R Allen Stanford US $7 billion Ponzi Scheme.

 High Court Registrar Cecile Hill said the delay in the matter wasn’t a deliberate act, but there were challenges that had to be addressed.................

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