Major Stories

Fraud Investigation Launched At Knox College

A major probe is now underway into alleged multimillion dollar fraud at Knox Community College, in Spalding Clarendon. Cvm Live understands the missing funds total over 60 million dollars so far, which is expected to increase. Several employees of the accounts department have been sent on leave.

It is alleged that there were inconsistencies with three cheques issued by the college in one day, which led to a call from bankers seeking to verify the cheques, at which point the irregularities were uncovered.

When Cvm Live contacted the principal of the institution Dr. Davia Ramgeet she says she was unable to speak indicating the matter is currently been investigated by the relevant authorities. The school says contingency majors have been put in place to ensure business continuity.

Watch the full report here:

Reporter: Nicola Brown

Recent Posts

PM Announces Launch of Community Consultation on Government’s SPARK Programme

Prime Minister Andrew Holness has revealed plans to include a consultative approach, involving community input,…

1 day ago

Jamaica to Establish First Gastronomy Academy at Montego Bay Convention Centre

During the opening of the 2024/25 Sectoral Debate in the House of Representatives, Minister of…

1 day ago

Three Jamaicans named in West Indies T20 World Cup Squad

West Indies T20 World Cup Squad: Rovman Powell (c)Alzarri Joseph (vc)Johnson CharlesRoston ChaseShimron HetmyerJason HolderShai…

2 days ago

Horse Racing Industry Leaders Reach Consensus After Discussion with Finance Minister

Fifty key figures from various sectors within the horse racing industry, including jockeys, trainers, owners,…

2 days ago

EPOC Chairman Attributes GOJ Revenue Shortfall to Dip in Corporate Income Tax Collections

Keith Duncan, Chairman of the Economic Programme Oversight Committee (EPOC), revealed that the GOJ revenue…

2 days ago

Judge Ponders Bail Appeal for Murder Accused Jolyan Silvera

The People's National Party, PNP, politician, and land developer, who is a suspect in his…

2 days ago