Archive for March 7th, 2019
Turtle Centre finally pays off $50M debt
(CNS): Almost 15 years after the original Cayman Turtle Farm started borrowing the more than CI$50 million it needed to build what is now the Cayman Turtle Conservation and Education Centre, officials said the debt is now clear. The loans have been serviced from money given to the Turtle Centre from the public purse over […]
OfReg rewrites rules to satisfy stakeholders
(CNS): The body established to regulate Cayman’s utilities sector and ensure fair competitive practices has redrafted rules on the penalties for any breaches of anti-competitive practices law. OfReg said this was in response to concerns by stakeholders, as the regulator released the new draft rules for final consultation this month. A release stated that when […]
Cops clock drivers doing over 80mph
(CNS): Drivers are being warned by police to slow down after almost a hundred speeding tickets were issued last week. Some drivers were clocked doing more than 80mph, although the top speed anywhere in the Cayman Islands is 50mph. Officers from the Traffic and Roads Policing Unit conducted a series of traffic operations as part […]
Ex-bank boss sues for wrongful dismissal
(CNS): Ormond Williams, who was president of Cayman National Bank for more than 15 years before he was unexpectedly fired by its board of directors last November, has filed a legal claim in the Grand Court for wrongful dismissal. According to the court documents, Williams said he was sacked without “proper legal justification” and is […]
Crown: Woman stole $1.9M in PR scam
(CNS): Crown prosecutor Toyin Salako told a jury on Thursday that Judith Douglas (53) stole almost CI$2 million from just one victim in a more than five-year scam where she falsely promised to secure the man permanent residency (PR), status and a Caymanian passport. The George Town woman managed to con Nathaniel Robb, an owner […]
