News
Tuesday, August 13, 2013
THE Supreme Court yesterday refused an application by the Association of Finsac’d Entrepreneurs (AFE) for Judicial Review of a decision by the Finsac Commission of Enquiry not to produce a report on their enquiry.In refusing the application, Justice Marva McDonald-Bishop said that given the terms of reference of the Commission, only the governor general could compel the commissioners to produce the report, following completion of the enquiry, which lasted from October 2008 to November 2011 and cost the country over $65 million.The court made the decision after hearing an application brought by Milton Baker, husband of the president of the AFE, Yola Gray-Baker, who claimed losses of over $150 million due to the 1990s financial meltdown, when two of his properties were foreclosed by the Financial Sector Adjustment Company (Finsac), which was established by the Government to handle the losses arising from the meltdown.The AFE, represented by attorney-at-law Kent Gammon, sought a Judicial Review for an interim report to be produced by Finsac Commissioners Charles Ross and Warrick Bogle. However, the attorney for the commissioners, Patterson Mair Hamilton, tendered an objection to the claim, stating that it was an abuse of the process, and that the commissioners/defendants “did not owe the claimant any duty to produce a report from the evidence given and presented at the enquiry… and cannot therefore be compelled to produce such a report”. The court agreed with the defendants.
HOUSE RULES
1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper – email addresses will not be published.
2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
4. Please do not write in block capitals since this makes your comment hard to read.
5. Please don’t use the comments to advertise. However, our advertising department can be more than accommodating if emailed:mailto:advertising@jamaicaobserver.com.
6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
7. Lastly, read our Terms and Conditions and Privacy Policy
comments powered by
View the original article here
Supreme Court turns down Finsac debtors" application
