Tag: Mark Scotland
CIDB rolls out cut-rate 30-year home loans
(CNS): The Cayman Islands Development Bank (CIDB) has begun lending money to Caymanians to buy their own homes as low as 3.75% interest. These low mortgage rates on 30-year loans for qualified borrowers, significantly below the current prime rate, are fixed for two years and government hopes it will help more local people get onto […]
School PTA petitions for more resources
(CNS): Concerned by an unsatisfactory level of academic achievement and an increase in behavioural problems at Savannah Primary School, the Parent-Teacher Association has launched a petition to make the education ministry address inadequate staffing resources. Ahead of the budget, due to be delivered on Monday, the PTA said they want to see increased resources for […]
Missing witnesses at centre of CarePay case
(CNS): When Justice Michael Mettyear handed Canover Watson, the former chair of the Health Services Authority, a seven-year jail term on Friday, he described the evidence against him of corruption in the CarePay case as “overwhelming”. But the case against Watson was based heavily on the incriminate documents and correspondence recovered from his computers and not […]
Jury asks for missing minister
(CNS): The absence of the former health minister, Mark Scotland, was queried Wednesday by members of the jury hearing the corruption case against the former Health Service Authority Board chair Canover Watson. While Scotland has been referred to throughout the trial, extensively so since Watson took to the witness stand, the former UDP minister was […]
CIFA boss leaves day job at Maples
(CNS): Bruce Blake, the acting president of the Cayman Islands Football Association, has reportedly left his lucrative position as a lawyer with an offshore firm to focus on his job at the helm of the beleaguered local football organisation. The decision comes following several months of controversy, beginning in May with the arrest of the […]
CIMA boss isolated from FIFA-related probe
(CNS): Updated: Government officials have clarified that the local regulator has set up an internal unit that will report to the non-executive board, and not the CIMA managing director, to investigate the allegations made about a local bank and other offshore entities registered here in the ongoing FIFA corruption scandal. But despite family connections, CIMA MD Cindy […]
