‘Where’s the money gone?’ Jamaicans ask after Bolt fraud case

In this file photo taken on May 15, 2019, Jamaican Olympic sprinter Usain Bolt poses during a photo session as he launches a new brand of electric scooters named “Bolt” in Paris. AFPPIX: It is the question on the lips of every Jamaican -- and none more so than the country's most famous athlete, eight-time Olympic gold medal sprinter Usain Bolt.

The song points out government efforts to clamp down on telephone and lottery scams from what he calls “ghetto youth,“ but notes those young people never engaged in such large-scale fraud as what is suspected in the SSL investigation. Bolt is one of around 40 people whose accounts may have been impacted by the fraud. While his status as a national hero means his situation has dominated the news, there is concern that elderly investors may also have been left penniless.

Business executive Dennis Chung, also general secretary of the Jamaican Football Federation, is confident the country can withstand the shock. “The fraud at SSL appears to have taken place at the private sector entity while different political administrations were in charge of government,“ he said.“The majority of the population is rightly disgusted by the criminal act which has seen an injustice meted out to a man who globally is the most popular Jamaican alive and there is extensive hope that he gets back his money,“ he said.

Etana said that the case was “embarrassing for the nation,“ and said her attitude to investment would take into account the affair and the lessons she has drawn from it about Jamaica’s class system.

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