FIU COULD INVESTIGATE TOP STEELBAND

All is not well within one of Grenada’s top steelbands and the Financial Intelligence Unit (FIU) might be called in to probe alleged financial wrongdoing.

Well-placed sources told THE NEW TODAY that the band that is now engulfed in financial woes is the Melville Street-based Coyaba New Dimension Steel Orchaestra.

A senior band member when contacted said that a decision was taken at the Management level to approach the FIU to investigate thousands of dollars that never went into the band’s bank account over the years.

He said that a decision was already taken to remove from the management a top official of the band who is known to be a founding member.

According to the official, the band has discovered a number of alleged improprieties and concluded that the best way “to get to the bottom is to ask the FIU to come in and assist us”.

He said the management of the band was reluctantly pursuing this course of action but was being forced to do so due to the attitude of one particular individual.




He accused the individual of engaging in a number of hostile acts to the band including breaking into the band house.

Another top supporter of New Dimension told this newspaper that he is aware of the allegations but was hopeful that common sense would prevail and that the FIU would not be asked to probe the alleged financial wrongdoings.

This newspaper contacted one of the persons whom fingers are being pointed at but he declined to comment on the issue.

However, he said that he would first need to seek legal advice in the current unfolding New Dimensions financial issue.

THE NEW TODAY reproduces in full the copy of a letter that the new management team at New Dimension sent to the President of the Grenada Steelbands Association which hinted at a problem within the band.

 

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