Howell returns to court in company battle

| 24/11/2010

(Jamaica Gleaner): Lawyers for the Turks and Caicos Islands-based firm, First Financial Caribbean Trust, have asked the courts in Jamaica to cite for contempt, and possibly jail, businessmen Delroy Howell and Kenarthur Mitchell for allegedly snubbing a Jamaican judge’s order that they account for nearly US$14 million in assets claimed by the TCI firm. The amount includes, the plaintiff alleges, US$3.7 million, which is part of the estimated US$11 million that Jamaica National group paid Howell for his Cayman Islands based Quickcash money transfer company, as well as a Jamaican property. But yesterday Paul Beswick, the lawyer for Howell and Mitchell, described the application as "completely baseless and without merit".

"I can assure you that the lawyers for the complainants know that it is utter nonsense," Beswick told Wednesday Business. If the court finds Howell, Mitchell and their firms in contempt, the complainant wants an order that they be sent to prison or fined and their assets confiscated.

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