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Panday found guilty
Posted By: News In Response To: Basdeo Panday Guilty As Charged (News)
Date: 25, April 06, at 12:40 p.m.
Decision:
• Guilty on all three counts of failing to declare a London bank account to the Integrity Commission for the years 1997, 1998 and 1999, respectively, contrary to Section 27 (1)(b) of the Integrity in Public Life Act 1987
Sentence:
• Two years’ imprisonment with hard labour on each of the three counts
• The sentences are to run concurrently
• A fine of $20,000 on each count
• He is to forfeit the equivalent of £159,600.35, the total accumulated year-end balances in the account for the three years charged
• In default of these payments, he will serve a further three years’ imprisonment with hard labour
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