NASSAU, Bahamas, CMC – Opposition Leader Michael Pintard says the opposition will call for a select parliamentary committee into the collapsed crypto exchange company FTX that is reported to have lost more than eight billion US dollars of its customers’ money.
FTX co-founder Sam Bankman-Fried, who is facing several charges in the United States, is accused of stealing FTX customer deposits and using billions of dollars of those stolen funds to support FTX’s and Alameda’s operations and investments to fund speculative investments to make charitable contributions, and to enrich himself, the indictment notes.
Pintard, the leader of the main opposition Free National Movement (FNM), said there are unanswered questions about the bankrupt company, noting a recent report about Prime Minister Philip Davis. There has been no evidence of wrongdoing by Prime Minister Davis.
“The prime minister and his colleagues have refused to answer questions we raised while,” Pintard told a news conference.
“And this is even more relevant now since it has surfaced that the prime minister has asked the principal who’s now being investigated to advise a member of his family.”
“The question is: Is the prime minister and his colleagues prepared to have a full discussion of the role any of his members played in terms of helping FTX get established, acquire properties, hire persons, some of whom worked previously with government, and have they benefited personally or politically from any resources from this company?”
Pintard told reporters that the opposition legislators intend to call for a select committee on FTX in November and have the matter debated later.
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