The lawyer for Usain Bolt slams the Jamaican government in the midst of unfavorable media reports on a case of fraud of $ 6 million – Firstpost

Usain Bolt’s lawyer Linton Gordon condemned attempts to hold the legendary sprinter responsible for the loss of his investment of $ 6 million with Limited shares and securities (SSL). “It now seems that there is an effort organized to blame the Honorable Usain Bolt for his loss – when he is not guilty of anything more than investing in the country he loves,” said Linton Gordon in a press release.

“This is a case of victim’s blame manual, and it seems that it is an attempt to absorb the government from its inability to protect the public and people fraud by SSL.

“Even more worrying is the apparent attempt to silence the victims and to manipulate the story on whom is really responsible for this large -scale fraud, which has left hundreds of Jamaicans without their harshly won money and without a clear path towards the recovery. »»

Gordon says that Bolt funds have been documented

Gordon also refuted the allegations according to which there were irregularities in the funds transferred by Bolt to SSL.

“The allegations disseminated publicly according to which all the funds of Usain Bolt sent to Stocks & Securities Limited have not been received by the institution are false, baseless and entirely without credibility,” said Gordon.

“All funds deposited at SSL by Bolt company have been transferred by banking transactions, and each payment was recognized by the institution in writing.”

To support his argument, Gordon referred to the judicial testimonies of Ken Tomlinson, a temporary director appointed by the Financial Services Commission (FSC). According to Tomlinson’s testimony in 2024, the initial investment of $ 6.2 million in Bolt was fraudulently withdrawn from the SSL account. Bolt also revealed that its account declarations, until the end of 2022, reflected a total investment of $ 12.7 million.

The lawyer also criticized the suggestions that Bolt was part of the game and blamed the Jamaican government for not having saved investors against the financial fraud that rocked the country.

“The idea that Bolt has neglected to make these deposits is completely unfounded,” said Gordon. “The Prime Minister of Jamaica, the government of Jamaica and hundreds of Jamaican citizens have invested in the SSL – an institution approved and regulated by the government.

“Suggesting that Bolt was reckless or lacked appropriate financial management is involving the same thing about each Jamaican who has invested in a financial institution approved by the government.”

On January 12, 2023, reports emerged that millions of dollars had disappeared from the Usain Bolt account in SSL, triggering a fraud in several agencies. Until now, Jean-Ann Panton, a former heritage advisor to the firm, remains the only person charged with the case.

Bolt has criticized the Jamaican government in the past for lack of progress in the investigation.