Event promoter Andrew Wright, charged in an alleged J$222-million fraud case, has been granted bail following a renewed application by his lawyer, Peter Champagnie (KC).
The Home Circuit Court approved bail in the amount of J$10 million with rigid reporting conditions. Wright, a former financial controller at INSPORTS, faces charges of larceny as a servant, conspiracy to defraud, and breaches of the Proceeds of Crime Act.
Wright’s arrest and charges stem from an alleged fraudulent scheme at the State-owned Institute of Sports (INSPORTS) between 2011 and 2017. Alongside five others, he is accused of writing, signing, and cashing fraudulent cheques for individuals not associated with INSPORTS. The fraud came to light during a financial records examination by INSPORTS in 2017.
Champagnie contended that due to Wright’s frozen bank accounts, he would have restricted capacity to obstruct the ongoing police investigation. Wright refutes the accusations, and his subsequent court hearing is set for September 25 in the Home Circuit Court. Attorney Neco Pagon is also acting as his representative.
The Major Organised Crime and Anti-Corruption Agency (MOCA) spearheads the investigation, targeting former INSPORTS employees involved in the alleged fraudulent activities. Wright and his co-accused are now awaiting further proceedings as the case unfolds.
Wright is also a prominent party promoter known for the popular events French Connection and Chug It.
