Issue No. 626 Thursday, 1 April 2004
Bank Cuts Staff
 Ansbacher
Caribbean Limited announced on Tuesday that it was transferring its banking
and securities operations in the Cayman Islands to its Bahamas office, a move
that will result in the loss of approximately 25 staff members here. The
transfer, which will also include other various support activities, will occur
over a three to nine month period, according to Mike Hodgson, Managing
Director of Ansbacher’s Caribbean operations. The company’s trust business
will remain in Cayman. Although the move was being made for a
“combination of reasons”...
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Dogs on patrol hound Cayman’s criminals
 They
love their job, never want to stay off work, will work seven days a week, and
when their long day is done, they never complain, even if they are dog-tired.
The seven four-legged members of the Royal Cayman Islands Police (RCIP) K-9
unit are used on a 24-hour basis and cover the same beats as any other police
unit. “They are invaluable,” said Constable Adam Scott, one of the team
leaders for the K-9 Unit...
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50-metre Pool Gets $3 Million
An Olympic-sized 50-metre pool took a major step toward reality when it was
announced at the Cayman Islands Amateur Swimming Association (CIASA) annual
general meeting on Tuesday that a US$3 million donation was being made for the
effort... read
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Advice on bounced cheques
Many merchants have complained that
the Cayman Islands lack strong legislation that could protect them. Detective
John LeCuriot of the RCIP said, without that legislation, the merchant must
prove intent of the person; it must be proven that the person knowingly wrote
the cheques without funds... read
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Cayman Free Press shareholder in negotiations with Securities Commission
In a significant turn of events in the ongoing Hollinger
saga, the Securities and Exchange Commission and former Hollinger
International Inc Chief Executive, Conrad Black, are in negotiations, more
than one source close to the situation said this week...
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Person of the Day
- Dwight Newell
 A
self-confessed happy chatter, Dwight Newell from Jamaica reckons he was
blessed with a natural gift for talking. Dwight, a salesman, has been in
the Cayman Islands for 13 years and thoroughly enjoys his job. “I love meeting
and talking with people and there is nothing better then a satisfied
customer,” he said. Married to Marsha, the couple have two children, a
12-year-old daughter and two-month old Joel. Citing himself as “very
happily married,” Dwight is a hard worker...
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