Jamaica court document says Ponzi convict gave JLP US$5m

(Jamaica Gleaner) The Jamaica Labour Party (JLP) has admitted that Olint’s David Smith was one of its contributors for the 2007 election campaign.

But the JLP says it will be investigating the claim in a Turks and Caicos Supreme Court document that Smith had donated US$5 million.

The Court has issued a Confiscation Order that mentions the gift to the JLP and other groups and individuals.

Last August Smith was sentenced to 30 years in prison for operating a ponzi scheme which defrauded investors more than 200 million US dollars.

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