He appeared in the Providenciales Magistrates Court on Wednesday, charged with money laundering in the amount of $2.7 million on behalf of his brother, Michael Misick. As he is apparently considered a flight risk, bail was offered in the sum of $3 million on strict conditions, namely, no travelling by boat or plane, he must check in every morning and must sleep at his residence every night.
Another of his brothers, Washington Misick, also another former chief minister, was said to be trying to arrange bail on Wednesday.
Misick is also reported to be facing additional money laundering charges totalling some $14 million.
The special investigation and prosecution team (SIPT) looking into allegations of widespread government corruption also confirmed on Tuesday that a 50-year-old man, who was arrested last week and bailed, was interviewed again on Tuesday and charged with conspiring to defraud the TCI government. He has been bailed and will appear in court on Tuesday, 6 December.
Another statement from the SIPT on Wednesday said, “Two men previously arrested last week by SIPT officers, returned on bail today, Wednesday, 30 November. The 41-year-old was charged with money laundering and the 52-year-old with conspiring to defraud the TCI government. Both have been bailed and will appear in court on Tuesday, 6 December.”
Source: Caribbean News Now
