Before and after satellite footage taken by Maxar Technologies shows the extent of flooding after an explosion at a dam in the currently Russian-occupied ... Show more
Quick Glance: Ukraine accuses Russia of destroying dam near Cherson
- Russia denies responsibility and blames Ukraine
- Dam's hydroelectric power plant completely destroyed
- Russian-occupied city of Novaya Kakhovka reportedly underwater
- Ukraine accuses Russia of distracting from their counter-offensive in the East
Quick Glance: Bachmut becomes a 'trap' for Wagner Group
- The battle for Bachmut has been ongoing for many months.
- The Ukraine appears to be going on the offensive.
- Ukrainian units have launched counterattacks at multiple points around Bachmut.
- The battle for Bachmut contributes to Russia's high losses in the Ukraine conflict.
Quick Glance: North Korea unveils new nuclear warheads as a US aircraft carrier arrives in South Korea
- (Reuters) - SEOUL/BUSAN, March 28 (Reuters) - North Korea unveiled new, smaller nuclear warheads and pledged to produce more weapons-grade nuclear material to expand its arsenal on Tuesday, as a US aircraft carrier arrived in South Korea for military exercises.
- The warheads, dubbed Hwasan-31s, were photographed by North Korea's Korean Central News Agency (KCNA).
- According to KCNA, the North Korean military tested a nuclear-capable underwater attack drone and simulated a nuclear airburst with two tactical ballistic missiles equipped with mock warheads.
- A South Korean military spokesman said more testing would be required to determine whether North Korea's new warheads were deployable.
Norman Peart, the former longtime business manager of track icon Usain Bolt, was never a suspect in the disappearance of almost US$13 million from his ... Show more https://www.jamaicaobserver.com/latest-news/bolts-fired-manager-was-never-a-suspect-says-fid/
Investors with accounts at Stocks and Securities are facing greater uncertainty after the Jamaica Stock Exchange on Friday terminated the member dealer ... Show more https://www.jamaicaobserver.com/business/terminated/
Fraud-hit Stocks & Securities Limited was anticipating close to half a billion dollars in capital injection under a now seemingly failed deal that was ... Show more https://jamaica-gleaner.com/article/lead-stories/20230219/400m-ssl-takeover-deal-collapses #GLNRToday
Jean-Ann Panton, the woman at the centre of a multi-billion dollar fraud at securities dealers Stocks and Securities Limited ... Show more https://www.jamaicaobserver.com/latest-news/jean-ann-panton-interrogated-again-allowed-to-go-home/
Directors of embattled investment firm Stocks and Securities Limited said that the company was in a position to pay “in full” its debts when it applied for ... Show more https://jamaica-gleaner.com/article/lead-stories/20230202/ssl-we-could-pay-debts-full #GLNRToday
Former Stocks and Securities Limited CEO Zachary Harding has stepped forward with a clear message meant for all and sundry: My hands are clean ... Show more https://www.jamaicaobserver.com/news/harding-my-hands-are-clean/
Stocks & Securities Limited owes the State $40 million in taxes, some representing deductions from employees’ wages, in the latest unravelling of the ... Show more https://jamaica-gleaner.com/article/lead-stories/20230212/ssl-owes-government40m-payroll-taxes #GLNRToday
#InPics | More than 72 hours after a series of high-intensity #earthquakes struck #Turkey and #Syria - leaving over 16,000 dead, tens of thousands of buildings ... Show more https://www.hindustantimes.com/world-news/turkey-syria-quake-before-and-after-satellite-images-show-flattened-buildings-101675924005329.html
Quick Glance: Usain Bolt's lawyers claim the Olympic champion's bank account is missing $12.7 million.
- According to his lawyers, Usain Bolt's account with a private investment firm in Jamaica is missing more than $12.7 million (£10.3 million).
- The eight-time Olympic gold medalist sprinter's legal team has written to Stocks & Securities Limited demanding that the money be returned, according to a letter obtained by the Associated Press.
- Stocks & Securities Limited has requested that all urgent inquiries be directed to Jamaica's Financial Services Commission, which is investigating the firm.
- On Tuesday, financial authorities announced that they had taken over temporary management of the private investment firm.
Lawyers representing Usain Bolt have written to Stocks and Securities Limited (SSL) giving the company 10 days to return millions of US dollars to him ... Show more https://www.jamaicaobserver.com/latest-news/bolt-gives-ssl-10-days-to-return-missing-funds/
Jamaican sprint legend Usain Bolt is staring at a wipeout of his heavy investment at Stocks and Securities Limited (SSL) and is now fearing that the monies ... Show more https://www.jamaicaobserver.com/news/bolt-bombshell/
Finance Minister Dr Nigel Clarke is now acknowledging that his office received a report from the Financial Services Commission on the fraud-hit Stocks and ... Show more https://jamaica-gleaner.com/article/news/20230128/clarke-2019-ssl-report-sent-office-never-brought-my-attention #GLNRToday
Several documents and other materials were today seized at the St Andrew home of the former Stocks and Securities Limited employee at the centre of the ... Show more https://jamaica-gleaner.com/article/news/20230120/documents-other-items-seized-home-ex-ssl-employee #GLNRToday
Fraud-hit Stocks & Securities Limited (SSL) had exhibited flagrant problems from as far back as a decade ago, with two sets of directives issued by the ... Show more https://jamaica-gleaner.com/article/lead-stories/20230131/alarm-ssl-2013 #GLNRToday
In 2009, the Financial Services Commission discovered that the now fraud-hit investment firm Stocks and Securities Limited (SSL) had taken almost $200 ... Show more https://jamaica-gleaner.com/article/lead-stories/20230205/money-muddle #GLNRToday
Today on #GleanerMinute : The fraud-hit private investment firm Stocks and Securities Limited (SSL) has denied that it sought to wind up the company last month when ... Show more
Current and former senior managers at scandal-hit Stocks and Securities Limited, which is currently embroiled in a multi-billion-dollar fraud ... Show more https://www.jamaicaobserver.com/news/ssl-senior-managers-distancing-themselves-from-massive-fraud/
Finance Minister Nigel Clarke is vowing to fund whatever it takes to get to the bottom of the ongoing fraud investigations at Stocks and Securities Limited ... Show more https://jamaica-gleaner.com/article/business/20230127/clarke-no-cost-be-spared-ssl-probe #GLNRFinance
As revelations continue to dribble from the files of the Financial Services Commission (FSC) about the scandal at the brokers Stocks and Securities Limited ... Show more https://jamaica-gleaner.com/article/commentary/20230209/editorial-independent-oversight-ssl-probe #GLNROped
Founder of scandal-scarred Stocks and Securities Limited (SSL), Hugh Croskery, has declined to comment on the Financial Services Commission’s (FSC) securing ... Show more https://jamaica-gleaner.com/article/lead-stories/20230126/fsc-blocks-ssl-wind #GLNRToday
Quick Glance: Usain Bolt's investment account was missing £10 million, according to his lawyers.
- Usain Bolt's lawyers claim that more than £10 million has gone stolen from his account with a private investment firm in Jamaica.
- The Associated Press obtained a copy of a letter sent to Stocks & Securities Limited asking that the money be returned from the attorney Linton P Gordon.
- Gordon stated that Bolt's account originally held $12.8 million (about £10.5 million) but now only has a balance of $12,000.
- "If this is correct, and we are hoping it is not, then a serious act of fraud, larceny or a combination of both have been committed against our client," Bolt's lawyers wrote in the letter.
With speculation running rife about what has become of clients' money since the Jamaica Observer broke the news of a massive fraud at Stocks and ... Show more https://www.jamaicaobserver.com/news/ssl-saga-spirals/
Even if you were living under a rock for the past few months, the ants and worms would have told you by now that something is very fishy in Jamaica’s ... Show more https://jamaica-gleaner.com/article/focus/20230129/imani-tafari-ama-policing-thieves-high-places #GLNROped
Between Dr Nigel Clarke’s tactical release of information and leaks by other sources, Jamaicans are facing an olfactory assault from a swampy management ... Show more https://jamaica-gleaner.com/article/commentary/20230202/editorial-publish-all-fscssl-reports #GLNROped
The Financial Services Commission on Wednesday obtained a court order blocking directors of Stocks and Securities Limited from taking action to wind up the ... Show more https://www.jamaicaobserver.com/news/blocked-4/
Former Minister of Finance Dr Peter Phillips says the Financial Services Commission took action against investment firm Stocks & Securities Limited ... Show more https://jamaica-gleaner.com/article/lead-stories/20230201/fsc-took-action-against-ssl-peter-phillips #GLNRToday
Regulators disclosed Wednesday that they found no reason to suspend or revoke the licence of Stocks and Securities Limited even after the Financial Services ... Show more https://jamaica-gleaner.com/article/lead-stories/20230119/no-reason-suspend-licence
Prime Minister Andrew Holness last week warned clients of tottering Stocks and Securities Limited – and any other financial entities that fall into trouble ... Show more https://jamaica-gleaner.com/article/commentary/20230129/editorial-who-pays-when-oversight-fails #GLNROped
The Government has sought assistance from the US Federal Bureau of Investigation and forensic auditors to probe the alleged multimillion-dollar fraud at ... Show more
Law enforcement eyes are on at least another former executive of Stocks & Securities Limited (SSL) over the billion-dollar fraud which impacted several ... Show more https://jamaica-gleaner.com/article/lead-stories/20230115/complex-fraud-scheme #GLNRToday
The multimillion-dollar fraud at investment firm Stocks and Securities Limited deepened on Monday with the police Fraud Squad and Financial Investigations ... Show more https://www.jamaicaobserver.com/news/ssl-fraud-deepens/
Stocks & Securities Limited (SSL) was flagged in 2017 by staff of the Financial Services Commission (FSC) for a “culture of non-compliance and mismanagement ... Show more https://jamaica-gleaner.com/article/lead-stories/20230117/ssl-branded-problem-institution-fsc-five-years-ago #GLNRToday
Local elite law-enforcement agencies have reached out to the Federal Bureau of Investigation in the United States and other international partners to assist ... Show more https://jamaica-gleaner.com/article/lead-stories/20230124/fbi-called-ssl #GLNRToday
A clearer indication of the mess that existed at Stocks and Securities Ltd (SSL) for the past 13 years emerged on Sunday when Finance Minister Dr Nigel ... Show more https://www.jamaicaobserver.com/news/ssl-mess/