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.