Insufficient time forces adjournment of ATL case in high court
Barbara Gayle, Justice Coordinator
There wasn't enough time today for the hearing of an application by lawyers representing Gorstew Limited, challenging the acquittal of three former executives in the billion-dollar ATL Pension Fund fraud case.
The matter has now been scheduled for December 9 and 10.
Resident Magistrate Lorna Shelly-Williams and the three former ATL executives, Patrick Lynch, Catherine Barber and Dr Jeffrey Pyne are the defendants in the case.
Supreme Court judge, Nicole Simmons adjourned the case because the case was only set for one hour, which would have been insufficient.
Justice Simmons has ruled that the Director of Public Prosecutions, Paula Lewellyn, can join the case as an interested party.
ATL is seeking leave to go to the Judicial Review Court to quash the magistrate’s decision to dismiss the charges against the former employees.
Pyne, Lynch and Barber were freed in August after the magistrate upheld no-case submissions by their attorneys.
They were on trial for distributing $1.7 billion of interest and withdrawal surpluses to members of the pension scheme without the consent of its founder Gorstew Limited.
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