Friday, May 18, 2012
Attorneys representing former Prime Minister Basdeo Panday are seeking a stay of proceedings after a Port of Spain magistrate ruled that he had a case to answer on charges of failing to declare the assets of a London-based bank account to the Integrity Commission.
Mr Panday is facing three charges of failing to declare the joint account between him and his wife Oma, to the commission for the years 1997, 1998 and 1999 while he was prime minister.
The prosecution argued that Mr Panday was fully aware he was required to declare the assets of the account.
They further argued that he wrote a letter to the bank in 2002, requesting that his name be removed from the account in order to evade local authorities.