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FEBRUARY 8TH - FEBRUARY 15TH, 2014
TURKS & CAICOS SUN
EX-HEAD OF HELEN GARLICK’S FORMER WORKPLACE SERIOUS FRAUD OFFICE ACCUSED OF RUNNING CHAOTIC AGENCY
R
WRIGHTFULLY FIT
SEEKS 1 Dance Instructor Must have at least 10 years experience Salary $200.00 per week plus 30% commission
Contact 331-0221
Chiraag Ltd. Seeks a Sales Clerk Responsibilities include greeting customers, presenting and selling merchandise, and inventory control. The successful applicant must have a minimum of 3 years sales experience, be honest, hard-working and self-motivated. You must be available to work Monday through Saturday, with flexibility to attend training sessions outside work hours. Working holiday hours may also be required.
Chiraag Ltd. The Regent Village Grace Bay Road Providenciales, TCI
649-941-4374
Position
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CLEANER
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(649) 339-4501 Between the hours of 9:00am to 4:30pm
Air and Sea Agency is currently seeking
1 Account Clerk Requirements: . At least 6 years experience in Accounting . Bachelors Degree in Accounting or Finance is preferable . Software knowledge: QuickBooks, Excel and Word. . Demonstrated ability to manage a large workload including completing multiple task to deadlines. Compensation: Based on qualifications and ability Deadline of submission of applicants if February 7, 2014. Kindly submit an applicant to: Air and Sea Agency Alliance Business Center Providenciales, TCI Email Address: airseaagency@gmail.com
ichard Alderman, the former head of Britain’s leading fraud prosecution authority, oversaw a chaotic agency that was unable to keep records and documents in order, a London court heard on Thursday. Alderman gave evidence at Southwark Court in a hearing to consider whether there had been an abuse of process by the Serious Fraud Office (SFO) when it issued fraud charges against the founder of Weavering Capital, a $600 million hedge fund that collapsed in the wake of the credit crisis in 2009. The SFO could be forced to drop the high-profile case, which is scheduled to go to trial in October, if Judge Andrew Smith decides that Alderman acted unlawfully when he delegated the power to launch the investigation to Phillippa Williamson, his former chief operating officer, in 2008. Helen Garlick, who is now the special Prosecutor in the Turks and Caicos Islands, was appointed as the first Head of the SFO’s Overseas Corruption Unit and led the BAE investigation from its start in 2004, until she left under pressure in mid 2008. The hearing was initiated by Weavering’s Swedish founder Magnus Peterson, who has been charged with 16 fraud-related offences between 2003 and 2009, ranging from false representation to false accounting, forgery, obtaining a money transfer by deception, fraud by abuse of position and fraudulent trading. He has pleaded not guilty. Alderman said he had wanted only to make the gov-
ernment agency more efficient and had asked Williamson, who joined the SFO on secondment in mid-2008, to review and speed up the process of launching investigations. Though Williamson had started taking decisions about which cases the SFO should investigate shortly after her appointment, Alderman told the court that he had frequent meetings and communication with her, was aware of her decisions and was “heavily involved” in Weavering. “Ms Williamson would not have taken these decisions had I not given her the authority to do so,” he said. But he conceded that he did not have any document detailing the delegation of authority.
DEEPLY DISTURBING
The case hinges in part on whether Alderman had the power to delegate decisions to launch investigations, whether delegation was to the right person and made with appropriate care and whether there was serious misconduct. Peter Lodder, a senior lawyer for Peterson, said he found Alderman’s answers “deeply disturbing”. “In essence ... we are saying there is an element of almost chaos in the way the office is run ... You cannot rely on this evidence. There is no actual firm evidence of this delegation having taken place - just the assumption it must have happened.” The judge will make his decision over the next few weeks.