Titan Securities has taken its case to the Caribbean Court of Justice. This was confirmed today by Solicitor General Nigel Hawke. In 2016 owners of Titan Securities Bahamians Rohn Knowles and Kelvin Leach were awarded close to nine million dollars by the Supreme Court of Belize. In 2014, the United States Department of Justice had accused several offshore securities trading companies in Belize of scamming the US Government of one billion dollars in taxes. One of those companies was Titan International Securities whose offices were searched and several documents and equipment confiscated. Knowles and Leach successfully sued the Government for damages. However, the Government appealed and the Court of Appeals overturned the judgment.
Nigel Hawke, Solicitor General
“If you recall the Court of Appeal basically reverts the decision of the learner trail judge so now we are at the CCJ for case management yesterday, basically case management was just to fix dates for hearing and the dates of submission. I think the schedule hearing date is tentatively fixed for as I understand the fifteenth of May but that may change but that’s the tentative date and I think they are there to do their submissions by the sixteenth of April and think we are to respond by the 30th of April. We feel we have a good case as the as the matters would say but I really can’t try these matters in the press because these matters are sub-Judicy and I don’t know how the court will rule we have to go make our arguments but we feel confident in our arguments.”
The hearing will be on May 15, 2018.