The District Judge who will try the money laundering and corruption case against ex-BVI Premier Andrew Fahie has considered the US Attorney's appeal of the Magistrate's bond terms, and has imposed far more strict conditions.Whether Fahie can meet the new terms remains an open question.
The new bond conditions:
(1) A $500,000 Personal Surety Bond, cosigned by the defendant, his college-student daughter, and a friend.
(2) A $500,000 Corporate Surety Bond, with a Nebbia hearing; this means that the defendant must demonstrate that the costs must of the bond be shown to be from legitimate sources.
(3) House Arrest (Home Confinement) 24/7, with all attorney visits to be held at the residence only.
(4) The defendant must sign a waiver of extradition, which means that should he flee, he could be extradited from anywhere in the world.
The US Attorney can still appeal this ruling to the Eleventh Circuit Court of Appeal. Whether Fahie's attorneys can secure his release depends upon their client's ability to show the Source of funds for his bond. We will update our readers on all developments as they occur.
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