Director of Public Prosecutions (DPP), Shalimar Ali-Hack has said there was strong and compelling evidence for charges to be laid in 2007 against three managers of the New Building Society (NBS) over a $69 million fraud at the institution.
In a statement on Friday, the DPP was responding to an article in Thursday’s Stabroek News on a recent report by the Ombudsman on the sacking and ensuing charges against then NBS Chief Executive Officer Maurice Arjoon and two managers, Kent Vincent and Kissoon Baldeo. In the report, Moore said the trio had suffered a grave injustice and he called into question the DPP’s decision to recommend
