UPDATE: Attorney Brady takes leave from JLP party activities
The Jamaica Labour Party (JLP) says attorney Harold Brady has taken leave from all party activities after he was charged for alleged fraud this afternoon.
However, the party says it will be making no further comment on the issue at this time as the matter is a legal one.
Brady is the Chairman of the JLP's Legal and Constitutional Committee and also sits on the central executive and standing committees of the party.
Brady is to be brought before the Corporate Area Resident Magistrate’s Court tomorrow to answer to the fraud charge.
The attorney is being accused of failing to hand over monies from the sale of a property belonging to businessman Jeffery Panton.
It is reported that the property was sold for $31 million.
Panton has reportedly complained that he has been waiting for more than six months for the payment.
Brady was offered bail in the sum of $3 million.
However, the attorney remains in custody as he has not met one of the bail conditions.
The police have asked the person who has offered to bail Brady to produce a valuation report for a property which is being used as collateral.
However, it was too late this afternoon to get the valuation report and as a result the attorney remains in custody.
Brady is the second lawyer to be charged this week with fraud.
Yesterday, attorney Michael Lorne was charged forgery and fraudulent conversation in relation to the sale of a property.
Lorne is to appear in the Corporate Area RM court tomorrow.