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PPM slams Bush’s absence

In a press release on 16th October the People’s Progressive Movement (PPM) said they had “deep” concerns “with the ongoing absence of the Premier from the country.” They also said, ” Not only has the Premier been frequently absent for…

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Gleaner Editorial and Wrong on Wong article in relation to OCG concerns

Gleaner Editorial – Jdip And The Drunken Sailors Published: Wednesday | October 10, 2012 When the auditor general, Pamela Monroe-Ellis, issued a report on the Jamaica Development Infrastructure Programme (JDIP), we concluded that it was being run like drunken sailors…

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O2Micro Extends Free Dimming(TM) Technology

O2Micro Extends Free Dimming(TM) Technology for the Global LED Lighting Market With New Continuous-Dimming Drivers OZ8024 and OZ8024R LED Driver Controllers Dim Using Any On/Off Switch and Provide Continuous Dimming, Stopping at Any Selected Level GEORGE TOWN, Grand Cayman, Oct….

Appointment of Baroness Scotland to the Judicial and Legal Services Commission

Released through Governor’s Office His Excellency the Governor, Duncan Taylor, CBE, is delighted to announce the appointment of Patricia Janet Scotland, The Rt Hon. the Baroness Scotland of Asthal, QC to the Judicial and Legal Services Commission under section 105(d)…

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Cayman Islands Stock Exchange :

BRIT GROUP FINANCE : BRIT GROUP COMPLETES THE DIVESTMENT OF ITS LEGACY PORTFOLIO OF UK INSURANCE BUSINESS TO RIVERSTONE HOLDINGS 10/15/2012| 03:37pm US/Eastern Brit Group today announces that, following receipt of all regulatory approvals, it has completed the divestment of…

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Anti-corruption Commission “Focus” newsletter

On 3rd July, 2012, David Baines, Commissioner of Royal Cayman Islands Police Service, and as Chairman of the Anti-Corruption Commission (ACC), issued a Memo (see attached) to all Public Officials informing them of an ACC newsletter called “Focus”. The Memo…

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Uncovering red flags in international finance

By David Marchant OffshoreAlert’s recent articles about the offshore-domiciled Axiom Legal Financing Fund demonstrate the importance of financial due diligence. By knowing where to look for information and how to interpret it properly, OffshoreAlert produced two substantial articles about red…

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Cayman Island’s SWROs constantly evolving

From GWI Desalination One hundred percent of Grand Cayman Island’s public water supply is provided by seawater desalination produced at one of seven SWRO plants on the 22-mile long island. All of the plants were constructed and are operated by…

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Axiom Legal Financing Fund appoints KPMG to investigate red flags raised by OffshoreAlert

In a letter to Investors from Cayman Islands-domiciled Axiom Legal Financing Fund they have announced they have retained KPMG to investigate red flags concerning the Fund that were uncovered by OffshoreAlert Investors were informed of the development in a letter…

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$14M scam involving Cayman Islands exposed

From New York Post “‘Fraud’ way is busted! Show’s over for ‘Rebecca’ ‘scammer’” By KIERAN CROWLEY, MICHAEL REIDEL and BRUCE GOLDING The feds brought down the curtain yesterday on an elaborate scam that derailed the planned $14 million Broadway production…