Finance firm sues former rogue boss

| 08/04/2015 | 0 Comments

(CNS Business): One of Cayman’s leading offshore financial services firms is suing a former director for a catalogue of wrongdoing that the company claims could have damaged its reputation. DMS has filed a lawsuit against Jazeb Jones, who was until earlier this month the MD of its bank and trust arm, over unauthorized relationships with clients, the misuse of the company credit card, taking lavish gifts that may have been bribes, and potential violations of banking regulations.

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