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SSL founder resigns from roles, rejects claims

Chrissy Mar 1, 2023, 7:15:26 AM

Hugh Croskery, the founder of Stocks and Securities Limited (SSL), has resigned as executive chairman and director of the fraud-hit investment firm.

"He remains committed to assisting if called upon by any investigative entity," said his attorney, King's Counsel Peter Champagnie, on Tuesday afternoon.

Champagnie said the resignation was based on assertions from regulator the Financial Services Commission (FSC) that Croskery has been "uncooperative" in ongoing probes at the troubled 50-year-old company.

Should end up in prison

Drapsey Mar 1, 2023, 7:20:28 AM

In reply to Chrissy

How about his travel documents?

Chrissy Mar 1, 2023, 7:29:18 AM

In reply to Drapsey

Agree

Larr Pullo Mar 1, 2023, 7:55:38 AM

In reply to Chrissy

Was this a real investment company? Seems like Bolt has gone quiet and not saying much, why is that?

Chrissy Mar 1, 2023, 8:43:59 AM

In reply to Larr Pullo
He has not gone quiet and I CAN TELL YOU Jamaicans well vexed about dis one. Watch di proceedings.

rudebway Mar 1, 2023, 10:51:50 PM

In reply to Chrissy and Larr Pullo

well his ten day ultimatum has passed and we all know that wasnt real. i suspect that although Holness said he wont bail out any institutions, they are going to end up either explicitly or indirectly fixing this situation. Can you imagine the next election campaign if Usain Bolt doesnt get his money back?