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Multi-millionaire Barbados businessmen arrested in $3m drug bust, yacht suspected in drug trafficking

#Barbados, Thursday July 26, 2018 – Anticipation is high for the outcome in the questioning of eight people, including at least two millionaire businessmen, caught up in a scandalous $3 million drug bust by the Drug Squad of the Barbados Police Force.

As many as eight people are being questioned in the delicate probe, which has elicited shocking reaction but little comment from the investigators.

Police did say this though:  “On Monday 23rd July 2018 about 1 p.m., members of the Royal Barbados Police Force’s Drug Squad unit conducted an operation on board a Barbados registered vessel at the Bridgetown Port, St Michael.

As a result of that operation, a quantity of marijuana was found. Three crew members are currently assisting police with investigations,” the release said without naming the vessel, those on board or the value of the confiscated drugs.”

On Wednesday, Goddard Enterprises Limited issued a statement.  

“At this point, we understand that no one has been charged. We are confident that the police are engaged in their usual high standard of investigation and we look forward to putting this matter behind us very quickly when the full facts are known. In the interim our deputy chairman, Mr. William Putnam is acting as chairman of the company. Our chief executive officer, Mr. Anthony Ali, is currently in Ecuador on company business,” the statement read.

The men, who were in custody up to this news report being published, are identified as Charles Herbert, the chairman of Goddard Enterprises and head of the Barbados Private Sector Association, and the company’s non-executive director Chris Rogers. 

Both were said to have been transferred from their original holding place in Oistins, Christ Church to the Criminal Investigation Department in Fontabelle, which is in St Michael.

The yacht, Ecstasy, which has been confiscated by Police is suspected in drug trafficking and is owned by Goddard Enterprises Limited.  The vessel had reportedly just returned from a trip to Grenada.

Goddard Enterprises Limited, which is a publicly traded company is listed on the Barbados Stock Exchange and had revenues of $205.8 million for the quarter ending December 31, 2017, said a report in Barbados Today.

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