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Millions Missing From Usain Bolt’s Account, Jamaica Launches Probe

Published

3 years ago

January 13, 2023

Jamaican financial authorities have launched an investigation into a company holding investments for eight-times Olympic gold medalist Usain Bolt after reports that he may have lost millions to large scale fraud.

Jamaica’s Financial Services Commission (FSC) said in a statement that it had placed the firm, Stocks and Securities Limited (SSL), in “enhanced oversight” while it conducts the probe.

Bolt’s manager Nugent Walker told the Jamaica Gleaner newspaper that the retired sprinter, one of the greatest athletes of all time, has had investments with the company for over a decade.

“All the relevant steps have been taken to come to the bottom of this,” Walker told the paper, saying the athlete had noticed discrepancies with his account on Wednesday.

“He’s been with this entity over 10 years… His entire portfolio is being reviewed,” he added.

The newspaper said millions of dollars were reported missing from Bolt’s account. Walker was not immediately available for comment.

SSL did not respond to calls made to their office on Friday.

The FSC said it was “aware of reports of allegations of fraud at one of its licensees, Stocks and Securities Limited (SSL).”

“The FSC has issued Directions to SSL. These Directions which were dispatched to the company on Thursday January 12, 2023 are a supervisory tool to allow the FSC to engage an entity in a process of enhanced oversight,” the body said in their statement.

The FSC said the oversight process would allow them to have a “full view of the integrity of the transactions being conducted, including the movement of funds, and of securities into and out of SSL.”

“The FSC will simultaneously continue its investigations into matters related to SSL,” they added.

Bolt retired from athletics in 2017 after a stellar career which in addition to eight Olympic golds included 11 World Championship gold medals.

Bolt sprung to global fame at the Beijing Olympics in 2008 when he won the 100m and 200m sprints, setting new world records in both races.

The Jamaican went on to win both races in the 2012 London and 2016 Rio Games.

Bolt’s 100m time of 9.572, set in Berlin in 2009, remains the world record and he also retains the fastest time in 200m.
AFP

Related Topics:Account Jamaica Usain Bolt

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Again, Russia Claims Another Village In Ukraine’s Region

Published

1 day ago

August 25, 2025

Editor

The Russian army Monday claimed to have captured another village in Ukraine’s Dnipropetrovsk region, moving deeper into Ukrainian territory as peace efforts stall.

Russian forces are slowly but steadily gaining ground in costly battles for largely devastated areas in eastern and central Ukraine, normally with few inhabitants or intact buildings left.

Russia’s defence ministry said its forces had seized the settlement of Zaporizke in the region, which Russian troops recently advanced into for the first time in the three-and-a-half-year offensive.

Kyiv denies that Russian troops have gained a foothold in the Dnipropetrovsk region, an important industrial hub.

After another push by US President Donald Trump to broker a Ukraine-Russia summit, hopes for peace dimmed when Russia last week ruled out any immediate meeting between presidents Vladimir Putin and Volodymyr Zelensky.

The central region of Dnipropetrovsk has previously been largely spared from fighting that has ravaged swathes of eastern and southern Ukraine, until Russia said its forces broke through in July.

Dnipropetrovsk is not one of the five Ukrainian regions — Donetsk, Kherson, Lugansk, Zaporizhzhia and Crimea — that Moscow has publicly claimed as Russian territory.

Ukraine said Russia had launched over 100 drones Monday, killing a 37-year old civilian driver and wounding two people in the northeastern Sumy region.

Moscow said Kyiv had launched about two dozen drones targeting western Russia

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US Comedian Reggie Carroll Shot Dead In Mississippi

Published

1 day ago

August 25, 2025

Editor

A United States comedian, Reginald “Reggie” Carroll, has been shot dead in Southaven, Mississippi.

The 52-year-old Carroll, widely known as the Knockout King of Comedy, was reportedly killed on Wednesday, August 20, 2025, after sustaining multiple gunshot wounds.

The Southaven Police Department confirmed the incident in a Facebook statement on Saturday.

“Southaven officers located one male victim suffering from gunshot wounds.

“The officers and medical personnel provided life saving techniques but the individual succumbed to his injuries,” the statement partly read.

The victim was later identified as Carroll, a Baltimore native.

Police said one suspect was arrested and charged with his murder.

“One male is in custody and has been charged with the murder of Reginald Carroll.

“Our thoughts are with the family of Mr. Carroll.

“Thank you to the community for their patience and understanding,” the department added.

The police further assured that there was no ongoing threat to residents, describing the case as “an isolated shooting.”

Carroll, who built his career in stand-up comedy, gained national recognition touring with Katt Williams and headlining his own showcase, Knockout Kings of Comedy.

He also featured in the 2000 edition of Showtime at the Apollo, appeared on the UPN sitcom The Parkers alongside Mo’Nique and Countess Vaughn, and starred in the 2022 television film Rent & Go.

In 2023, he produced the stand-up special Knockout Kings of Comedy.

The Southaven Police Department disclosed that an investigation into his death is ongoing.

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US Defends New Social Media Vetting For Nigerian Visa Applicants

Published

1 day ago

August 25, 2025

Editor

The U.S. Mission in Nigeria on Monday reaffirmed that the safety and security of the United States remain the cornerstone of its visa application and decision-making process.

The US said this following its directive last week that mandates Nigerians to disclose all social media usernames and handles used over the past five years as part of the visa application process.

US Mission said Nigerian visa applicants must provide a comprehensive list of their social media profiles on the DS-160 visa application form, and warned that omitting the information could lead to visa denials.

Reacting to the development, the Federal Government said US citizens intending to visit Nigeria will be subjected to the same measures.

“The best we can do is to carry out reciprocal action. Some people from the US might want to apply for a visa, and we will adopt the same measures,” spokesman of the Ministry of Foreign Affairs, Kimiebi Ebienfa, said last Monday.

However, in a statement released Monday on X, the US Mission said prospective visa applicants undergo careful vetting to maintain a safe and welcoming environment in the US.

It said, “The safety and security of the United States is at the heart of every #USVisa application and decision process.

“That’s why prospective applicants undergo careful screening to ensure a safe and welcoming environment for all.”

The Mission added, “These measures help protect American citizens and communities while supporting secure and responsible travel.”