News

Bahamas: Former Sky Bahamas financier seeks default judgement against Butler

NASSAU, BAHAMAS — Former Sky Bahamas financier Fred Kaiser is seeking a default judgement against the airline’s former chief executive, Randy Butler, over an alleged $28 million “bogus loans” scheme.

According to court documents, on Monday, Kaiser’s attorneys filed a judgement in default of defense against the claims leveled against him in a writ filed last November.

That writ listed Kaiser’s companies, Alpha Aviation Ltd and Advanced Aviation Ltd, as the first and second plaintiffs.

Butler, Sky Bahamas Airlines Limited and Aviation Oversight Group Ltd were listed as defendants. Former Deputy Prime Minister Peter Turnquest, while not listed as a defendant, was a director and manager of Alpha Aviation Ltd and Advanced Aviation Ltd while Sky Bahamas and Aviation Oversight were at all material times owned, controlled and/or managed by Butler, according to court documents.

MORE

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s