Sunday, November 29, 2020

Turnquest Denies Fraud Allegations

Deputy Prime Minister Peter Turnquest denied claims of a writ filed in the Supreme Court, suggesting that he played a part in defrauding an aviation company.

In an article, Eye Witness News claimed that Turnquest and Sky Bahamas Principal Randy Butler defrauded Alpha Aviation and Advanced Aviation Ltd of nearly $30,000,000.

Though Turnquest is not named as a defendant in the writ, he was reported to be director and manager of Sky Bahamas and Aviation Oversight which was owned by Butler.

The defendants are listed as Randy Butler, Sky Bahamas Airlines and Aviation Oversight Group Ltd.

What does DPM Turnquest say about the allegations?

  • Turnquest says he is “aware” of the writ filed in the Supreme Court involving two former business associates.
  • He makes it clear that he is not named as a defendant.
  • Turnquest says the “several allegations” are “categorically false.”
  • He says, “I deny the false claims. I am appalled that my standing as a public servant made calling my name in this dispute between two former business partners worthwhile. There is no room for that kind of misuse of our judicial system in our society. I am confident that the facts will defend my integrity once presented.”

What are the allegations in the court document?

  • On December 31st, the defendants caused Alpha to pay a total of $20,680,337.33 to Sky Bahamas.
  • As of December 31st, the defendants had dishonestly caused Alpha to pay $3,026,000 to themselves via a company.
  • Between February 2008 and July 2016, the defendants caused Alpha to pay to Aviation Oversight by means of 39 fraudulent invoices, to pay to Aviation Oversight, 37 cheques, and to Sky Bahamas two cheques totaling a sum of $3,800,000.
  • As of December 31st, the defendants caused Advanced to pay wire transfers totaling $5,916,587.67 to Sky Bahamas.
  • It is further alleged that as of December 2017, the defendants had caused Alpha to pay $3,026,000 to themselves via a company controlled by AOG Maintenance Ltd.
  • The plaintiffs also claim that between February 2008 and July 2016, the defendants caused Alpha by some 36 fraudulent invoices and book entries to pay away to Aviation Oversight $3,800,000.
  • The plaintiffs claim that Turnquest and Butler failed to keep adequate financial accounts documenting the companies’ financial transactions and failed to put in place an adequate financial system.

Featured Image: ZNS

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