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Panday found guilty

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

Messages In This Thread

Basdeo Panday Guilty As Charged
Panday found guilty
No Bail for Basdeo Panday Today
Two years for failing to declare London bank acc.
Panday stands quietly and smiles
Trinidad and Tobago News

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