Police probe national housing trust

Minister says board member has resigned

An investigation into alleged misconduct within Cayman’s National Housing Development Trust led to the arrest of an official within the trust Monday, Royal Cayman Islands Police confirmed.
According to Community Affairs Minister Mike Adam, the housing trust board member who was arrested resigned his position either late Monday or early Tuesday.
The police service indicated officers had been looking into “allegations of misconduct” within the trust, which has most recently announced the opening of 12 new affordable homes in East End.
Mr. Adam said the investigation should not interfere with the opening of the remaining affordable homes in East End.
The man who was arrested Monday, a 59-year-old, was taken into custody at his George Town home in connection with the investigation, police said. He was not identified because criminal charges have not been filed in the case.
“He was arrested in terms of sections 13 and 17 of the Anti-Corruption Law as well as suspicion of obtaining property by deception,” a statement from the police service indicated.
Sections 13 and 17 of the Anti-Corruption Law in Cayman deal with breach of trust and abuse of public office, respectively.
Please see the full story in Wednesday’s editions of the Caymanian Compass… 

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