Friday, April 19, 2024

Ex-ICBL execs indicted


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Two more Former ICBL executives Ingrid Innes and Alex Tasker have been named in an indictment relating to the money laundering scandal involving former government minister Donville Inniss.

The unsealed documents shows that as far back as August last year Tasker and Innes were originally indicted in connection with a $36 000 bribe between August 2015 and April 2016 which was offered to defendant Inniss from ICBL, in violation of Barbadian laws.

It alleges that Innes, a citizen of Canada and a resident of Barbados and the then chief executive officer of ICBL and Tasker, a Barbadian and then senior vice president of ICBL made the offer to have Inniss used his official position as the Minister of Industry to renew the BIDC insurance contracts with ICBL. That money was allegedly routed through an American bank account in the name of a New York dental company disguised as “consulting” fees.

The 2015 contract required the BIDC to pay a premium of approximately BD$661,469.30 to ICBLand in return ICBL employees, including the defendants Innes and Tasker, agreed to pay a bribe of approximately $16,536.73, the documents said.


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