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Business

3,000 dormant accounts
THE GOVERNMENT could pocket $7.6 million in dormant bank accounts if the depositors do not come forward. Some 3,000 savers have left their accounts at National Commercial Bank (NCB) dormant for 15 years.

Gov't wins round one of conch dispute
SENIOR PUISNE Judge Mr. Justice Lloyd Ellis yesterday set aside a Supreme Court order which had barred the Minister of Agriculture from issuing quotas to conch exporters. However, the Minister cannot proceed to issue the quotas because the judge, in...

Senate committee to turn searchlight on SIA accounts

A SENATE committee is to study a report from the Sugar Industry Authority (SIA) concerning the disappearance of $375 million from the Authority's Stabilisation Fund since 1994/95.

EU and ACP trade partners sign new deal
COTONOU, Benin, (Reuters): THE EUROPEAN Union and its African, Caribbean and Pacific (ACP) partners signed a new trade deal yesterday to replace the 25-year-old Lome Convention that enshrined privileged access to EU markets for ACP nations.

FIS evicts firm after court
SHORTLY AFTER a Supreme Court ruling yesterday, Financial Institutions Services (FIS) evicted Vehicles and Supplies Ltd., which is owned by Kingston businessman Donald Panton from Blaise Industrial Park at 69 to 75 Constant Spring Road, St. Andrew.














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