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FSC confirms staff changes at ScotiaBank TCI, Emergency executives brought in

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Providenciales, Turks and Caicos Islands – March 1, 2018 – The Financial Services Commission is aware of the reports which have residents and depositors of ScotiaBank Turks and Caicos concerned.  Managing Director of the FSC, Niguel Streete told Magnetic Media, the situation is being closely monitored.

“The Commission is aware of changes at the senior management level of the bank and is closely monitoring these developments to ensure a smooth and controlled transfer of responsibilities.”   

For days now, there have been murmurings about staff problems at popular ScotiaBank and the accusations have been wide ranging and potentially damaging for those involved.

The FSC is legally tasked with protecting the public’s interest on behalf of the Turks and Caicos Islands Government, this includes depositors.  The shocking collapse of TCI Bank in 2009 has left the market leery of troubling news emanating from the banking sector.

While many of the claims by public pundits have not been substantiated, Magnetic Media was able to confirm that there is an emergency team in country, reportedly from Canada, to help during this staff crisis.

A customer of the bank shared, on Tuesday, that the Providenciales Leeward Highway branch and the Grand Turk branch of ScotiaBank, has been for weeks now, sharing staff.

The FSC did not expound on any rumors in the public domain but Mr. Streete did say, “The Commission’s oversight and risk monitoring/supervision framework extends to working closely with the bank’s parent company and its regulator on effective supervision of the bank’s operations in the TCI.”

Magnetic Media has reached out to ScotiaBank for comment on what is going on, but up to publication time, there had been no reply.

Magnetic Media is a Telly Award winning multi-media company specializing in creating compelling and socially uplifting TV and Radio broadcast programming as a means for advertising and public relations exposure for its clients.

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Stolen Vessel Recovered

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***MEDIA RELEASE***

 

July 20th, 2024.

 

#TurksandCaicos, July 20, 2024 – Shortly after 10 am yesterday (July 19th), the Police Control Room received a report of a stolen boat in the Turtle Cove district.

The description of the vessel given to officers was a black, 26-foot Hurricane boat with two Yamaha engines. Officers were told that the owner had secured the vessel on Thursday evening and had discovered it missing the following day.

Inquiries were conducted, and based on information received, Marine Branch Officers and Response and Operation Unit Officers searched a mangrove just off Five Cays today (July 20th) and recovered the vessel.

Two suspects were seen, one of whom was a 23-year-old from the Bight, Providenciales, who was caught and arrested for suspicion of stealing the vessel. The other suspect managed to escape.

The RTCIPF is asking anyone with information on illegal activities that may assist the police with enquiries to contact 911, the closest police station, the Serious Crime Unit at 231-1842, or call Crime Stoppers at 1-800-8477 and anonymously give any information.

Additionally, persons are being asked to download the CrimeStoppers P3 app.

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Crime

Firearm and Drug Charges

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Media Release

 

July 15th, 2024.

 

SHAIWANZO MISSICK of South Back Salina, Grand Turk, has been charged with six counts of firearm-related offences.

Missick, 30, was charged on July 13 after police officers consulted with the Office of the Director of Public Prosecutions.

The offences against Missick are:

  • One Count – Discharging Firearm
  • One Count- Discharging Ammunition
  • One Count-Possession of Firearm with intent to commit a serious offence
  • Two Counts-Possession of Ammunition
  • One Count –Possession of Firearm
  • One Count-Possession of Controlled Drugs
  • One Count- Possession of Controlled Drugs with intent to supply.

The charges against Missick came following a report made on Saturday, 29 June 2024,  following a shooting incident in Breezy Brae.

Officers obtained a warrant and searched the accused’s residence based on the information received.

The RT&CIPF is asking the public to notify the closest police station, contact 911, the Serious Crime Unit at 231-1842, Crime Stoppers at 1-800-8477, and anonymously give any information on illegal activity.

Additionally, persons are encouraged to download the Crime Stoppers P3 app from the Google Play Store or Apple Apps and share information anonymously.

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Crime

Five Cays Shooting Update

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#TurksandCaicos, July 19, 2024 – Shortly after noon on July 12th, the Control Room of the Royal Turks and Caicos Islands Police Force received reports of a shooting in Five Cays, Providenciales. A team of offices was dispatched to Granny Hill.

Upon arrival, several interviews were conducted, and evidential items were retrieved.  Thankfully, no one was injured.

Given the investigation’s sensitivity and lines of inquiry, the RT&CIPF cannot comment further.

We are aware of audio videos and photographs purporting to be the location of where the incident allegedly occurred and ask that persons circulating such be mindful of exposing victims.

The RT&CIPF is again reaching out to the public, emphasising their crucial role in this investigation.

We urge you to notify the closest police station, contact 911, the Serious Crime Unit at 231- 1842, Crime Stoppers at 1-800-8477, and anonymously provide any information on this shooting or any illegal activity.

Your cooperation is vital in ensuring justice is served. Additionally, persons are encouraged to download the Crime Stoppers P3 app from the Google Play Store or Apple Apps and share information anonymously.

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