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Another investment scheme and bank at odds
Friday, 16 May 2008
RBTT Jamaica Limited is barred for the next 14 days from closing the accounts of embattled alternative investment scheme WorldWise Partner Limited.
WorldWise obtained an injunction against RBTT on Thursday.
The investment scheme, which deals in foreign exchange trading, took out the injunction following what it said were threats by RBTT to close its accounts.
One of the lawyers for the entity told the RJR News Centre that the company has no problem paying its investors.
He said the problem is with the bank, which he alleges is preventing clients from getting their money.
The parties are scheduled to return to court on May 28.
[ Back ]
Friday, 16 May 2008
RBTT Jamaica Limited is barred for the next 14 days from closing the accounts of embattled alternative investment scheme WorldWise Partner Limited.
WorldWise obtained an injunction against RBTT on Thursday.
The investment scheme, which deals in foreign exchange trading, took out the injunction following what it said were threats by RBTT to close its accounts.
One of the lawyers for the entity told the RJR News Centre that the company has no problem paying its investors.
He said the problem is with the bank, which he alleges is preventing clients from getting their money.
The parties are scheduled to return to court on May 28.
[ Back ]