The fugitive, Ryan Bateman, failed to pay the annual corporate license fees required by February, 2015, and B & C Capital, Ltd., lost its exempt status, bringing it under the jurisdiction of the Cayman Islands Monetary Authority, when Bateman's Gang of Four stole millions from Canadian pensioners. This fact has now surfaced, since a Bermudian corporate management company has brought an action to wind up B & C Capital, in Grand Cayman. See Triathlon Ltd., vs. B & C Capital, Ltd. (Grand Court, Cayman I).
CIMA staff members gleefully, but erroneously, told a victim, on the record in August, 2015, that the agency had no jurisdiction. Privately, staff members confirmed that they had first-hand knowledge that B & C had defaulted upon its exemption payments, but their public position is contrary to Cayman, and British, law. CIMA most definitely had jurisdiction over the shell company whose staff, including Sharon Lexa Lamb, and Fernando Moto Mendes, stole untold millions of dollars from foreign investors, and illegally placed that money into B & C bank accounts.
|Mrs. Scotland, CIMA managing Director|
Inasmuch as the responsibility for such regulatory and compliance malpractice falls upon senior management of CIMA, and the victims will most certainly assert that CIMA committed gross negligence, it is submitted that the Managing Director, Mrs. Cindy Scotland, resign her position, effective immediately, and that the United Kingdom Foreign & Commonwealth Office (FCO) enter into and take command of CIMA, for the purpose of turning the agency, which has failed in its mission, into a responsible body, serving the public good, of both the residents of the Cayman Islands, and the global investing public.
Love your article! Cayman is most definitely an evil and criminal banking centre. Thank you for exposing this to us.ReplyDelete
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