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Reading: Sprint Legend Usain Bolt defrauded of over a Billion in retirement funds: Baby Cham Speaks Out
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Home » Sprint Legend Usain Bolt defrauded of over a Billion in retirement funds: Baby Cham Speaks Out
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Sprint Legend Usain Bolt defrauded of over a Billion in retirement funds: Baby Cham Speaks Out

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Shadow January 17, 2023
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Sprint Legend Usain Bolt defrauded of over a Billion in retirement funds: Baby Cham Speaks Out
Usain Bolt, Baby Cham
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On Monday, dancehall star Cham (aka Baby Cham) took to social media to voice his displeasure with how missing funds from Jamaican sprint legend Usain Bolt’s retirement account are being handled. 

Reports have surfaced that over a billion Jamaican dollars have gone missing from Bolt’s investment portfolio at Stocks and Securities Limited (SSL).

“How can someone like Usain Bolt, who has given so much to the country and has done so much for country tourism, be robbed of his retirement money like this? I don’t hear the Minister of Finance or the Prime Minister speaking out. The people we put in power to oversee and protect Jamaicans, what are they trying to say? That we Jamaicans should not invest in our own country?” Cham questioned in a video via his official Instagram account.

Aside from Cham, several members of the Jamaican entertainment fraternity and the broader society have since spoken out in condemnation of the disgraceful treatment being meted out to one of Jamaica’s national treasures. Yet, those in authority remain silent on the issue.

Bolt’s agent, Nugent Walker, confirmed that his client had noticed the missing money from his account last week. Jamaica’s Financial Services Commission (FSC) has launched an investigation into SSL, with whom Bolt is said to have had a portfolio worth around U$10 million (J$1.2 Billion)

Since the news broke, the Jamaican media has reported that a former employee of SSL was suspected of siphoning off money from as many as 30 accounts.

 

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A post shared by Baby Cham (@thecham)

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TAGGED: authorities, baby cham, cham, defraud, fraud, government, investment, jamaica, kingston, olympian, prism marketing consultants, raymond Small, retirement funds, shadow, sprint legend, ssl, Stocks and Securities Limited, the cham, usain bolt
Shadow January 17, 2023
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