Mon | Nov 29, 2021

FINSAC'd Entrepreneurs respond to judicial review postponement

Published:Wednesday | June 26, 2013 | 9:57 AM

Monique Grange, Assistant News Editor – Radio



President of the Association of FINSAC’d Entrepreneurs Yola Grey-Baker has described yesterday’s postponement of the judicial review hearing as another delay tactic to prevent the interim report from being produced.




The application was filed on March 28 seeking judicial review to compel the commissioners to complete the report coming out of the FINSAC enquiry which ended in 2011.



However, the matter was put off until August 12 due to the absence of the case file.



Grey Baker says the association is also concerned about objections raised yesterday by the commissioners who presided over the enquiry.



In their written objections, the commissioners stated that they are not compelled to produce the report and described the application as an abuse of process.



She says the group will be seeking legal advice on the ramifications next possible course of action.



The application was filed by attorney Kent Gammon on behalf of Baker’s husband Milton Baker.



Baker is said to have lost more than $150 million after two of his properties were foreclosed during the financial meltdown of the 1990’s.



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