No judicial review for ATL fraud case – judge
A High Court Judge has denied an application by attorneys for ATL boss Gordon 'Butch' Stewart for leave to seek a judicial review of a magistrate's decision to dismiss the billion-dollar fraud case against three former ATL executives.
The decision by Justice Carol Beswick came in the Supreme Court a short while ago after two days of hearings.
Beswick has indicated that she will give her reasons in writing before the end of the term.
The application was made after the billion-dollar fraud case against the former executives, Patrick Lynch, Jeffrey Pyne and Catherine Barber, was dismissed when Senior Resident Magistrate Lorna Shelly-Williams upheld a no-case submission by their attorneys.
The three were charged for allegedly distributing $1.7 billion in interest and withdrawal surpluses to members of the ATL Pension Fund without the consent of it's founder Gorstew Limited and using a forged letter to deceive Stewart that consent had been obtained.
In dismissing the charges, Shelly-Williams said she found that prosecuting attorneys had not made out a case for which a reasonable jury could have found them guilty.