Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
HARDING: MY HANDS ARE CLEAN
HARDING... was not aware of Bolt having an account at SSL.
News
January 22, 2023

HARDING: MY HANDS ARE CLEAN

FORMER Stocks and Securities Limited (SSL) CEO Zachary Harding has stepped forward with a clear message meant for all and sundry: My hands are clean.

This comes after SSL has found itself at the centre of a massive fraud — thought to be the biggest in Jamaica’s history — that has shocked the nation and the world.

“I have nothing to hide. My heart is clear and my conscience is free,” Harding said in an interview with the Jamaica Observer on Saturday.

He also stated that during his two years and nine months (September 2019 – June 2022) at the helm of SSL he was never told that national icon Usain Bolt had an account with the company.

Attorneys representing the Olympian have indicated that in the order of US$12.7 million, or nearly $2 billion, has been fleeced from Bolt’s account. They have given the management of SSL until January 27 to pay over the stated sum or face legal action.

Bolt is among at least 30 people impacted by the still-unfolding fraud which is being investigated by the police Fraud Squad and the Financial Investigations Division.

“During my time as CEO at SSL, Usain Bolt’s name never came up as a customer of SSL. He was never mentioned in any management meeting, in any strategy meeting, in any client review meeting, [so] it’s not a case of, ‘How come the runner had so much money in there and it gets stolen and nobody ever saw it. ‘I was not aware of him having an account there, his name never came up; it never ever arose while I was there,” the former CEO emphasised.

Harding told the Sunday Observer that he knows Bolt socially [but] said “neither he nor his team ever contacted me. If there was some issue that was known to them or whatever, they could have easily contacted me, but nobody ever did”.

Harding disclosed that a member of Bolt’s management team informed him that former wealth advisor at SSL, Jean-Ann Panton, who has been implicated in the fraud, was the person at the investment company who managed Bolt’s account.

Two properties connected to Panton, who has reportedly given a statement indicating that she took money from clients’ accounts without their consent, were searched by the police and other investigators for several hours on Friday. The investigators said they seized documents and electronic devices from both properties.

A statement Panton reportedly gave to a justice of the peace in which she admitted to fleecing the accounts of several clients does not mention Bolt.

“My understanding is that he [Bolt] only ever dealt with one person with his account and that was Jean-Ann Panton,” Harding said. “So as to what Jean-Ann Panton could have been doing, or saying, or showing him, nobody would know except for her, because she was the only person that they dealt with.”

Harding questioned how Panton reportedly confessed (although not in a police statement) to falsifying documents, to defrauding clients etc, with specific amounts stated, yet there is no mention of Bolt in that confession.

“There’s a gap there as everybody wants to know where Usain’s money is and they saying Panton has now confessed, but the two don’t correlate.

“There has to be more questions asked because that is a glaring gap,” said Harding.

He told the Sunday Observer that he is “shocked and disappointed” at what is unfolding at SSL as he has been learning about it in the media like everybody else.

“For clarity, I resigned from SSL last year June so anything after that I am totally unaware of. I sit on no boards, I sit on no committees; I’m not a shareholder of SSL,” Harding stated.

“A lot of people have misconstrued and think that I am SSL and it is my company, and I still work there, or I have links there. I have nothing to do with SSL at all … zero. I don’t even have an account there,” he said.

Harding stressed that up until the time he left there were no internal investigations taking place to the best of his knowledge.

“There was nothing that pointed to any improprieties being carried out by any employees. This is all news to me,” he insisted.

BOLT … several millions said to have been fleeced from his account at SSL.

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Trinidad PM defends decision not to inform country about US radar installation
Latest News, Regional
Trinidad PM defends decision not to inform country about US radar installation
November 29, 2025
PORT OF SPAIN, Trinidad (CMC) – Prime Minister Kamla Persad Bissessar has sought to defend her decision not to inform the country about the installati...
{"jamaica-observer":"Jamaica Observer"}
Guyana to launch five-year blueprint for rapid economic expansion
Latest News, Regional
Guyana to launch five-year blueprint for rapid economic expansion
November 29, 2025
GEORGETOWN, Guyana (CMC) — The Guyana government says it will soon unveil a five-year comprehensive national economic expansion and infrastructure int...
{"jamaica-observer":"Jamaica Observer"}
Spain scrambles to limit damage from African swine fever
Latest News, News
Spain scrambles to limit damage from African swine fever
November 29, 2025
MADRID, Spain (AFP) — Spain was scrambling on Saturday to limit the economic impact from an outbreak of African swine fever, a day after announcing it...
{"jamaica-observer":"Jamaica Observer"}
Jamaica stun Puerto Rico 92-90
Latest News, Sports
Jamaica stun Puerto Rico 92-90
November 28, 2025
Jamaica stunned Puerto Rico 92-90 as they kicked off their FIBA Basketball World Cup Americas Qualifiers on the back of 26 points and 15 rebounds from...
{"jamaica-observer":"Jamaica Observer"}
Butler gets red card as Manning Cup heats up
Latest News, Sports
Butler gets red card as Manning Cup heats up
November 28, 2025
KINGSTON, Jamaica — A fiery Craig Butler was red-carded on Friday after his team lost 0-1 to Eltham High in a heated game in which security had to ent...
{"jamaica-observer":"Jamaica Observer"}
Latest News
WATCH: BMW crashes into gully at Passagefort–Knutsford intersection in Portmore
November 28, 2025
KINGSTON, Jamaica — Police are now on the scene of a single-vehicle crash involving a black BMW sedan at the intersection of Passagefort and Knutsford...
{"jamaica-observer":"Jamaica Observer"}
Latest News
Market Bag: Scotch bonnet pepper surges to $3,000 per pound
November 28, 2025
KINGSTON, Jamaica — The price of scotch bonnet pepper continues to climb at the Coronation Market, with vendors selling the product for an eye-waterin...
{"jamaica-observer":"Jamaica Observer"}
Dr Reddy’s donates US$215,000 in medicines for hurricane recovery
Latest News
Dr Reddy’s donates US$215,000 in medicines for hurricane recovery
November 28, 2025
KINGSTON, Jamaica — Pharmaceutical company Dr Reddy’s Laboratory has donated essential medication valued at US$215,000 to bolster Jamaica’s ongoing re...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct