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Confirmed: Wife Of Cash No Longer Employed By Bank

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Darron Cash

By SANCHESKA BROWN

Tribune Staff Reporter

sbrown@tribunemedia.net

BANK of the Bahamas sent out a company memo on Monday informing the staff that Annette Cash, wife of Free National Movement Chairman Darron Cash, is no longer employed at the bank.

According to the memo, dated June 10, Mrs Cash, a human resource and training manager, was terminated effective June 2.

In May, Mrs Cash was suspended pending the outcome of an investigation into the alleged leak of confidential information from BOB.

Last week, The Tribune reported that Mrs Cash was let go by the bank, however when contacted Mr Cash refused to comment on the matter.

However, in a statement released last week regarding concerns over BOB, Mr Cash denied his wife had any involvement in the leaks of the bank’s confidential information. He also said his wife does not have and never did have direct or indirect access to clients’ credit information.

“And to be clear, she has never received nor passed on any information for publication in The Punch newspaper or anyone else,” Mr Cash said in his statement.

“My wife is a human resources management professional who worked with Bank of The Bahamas for almost ten years. As a certified HR practitioner, she is a consummate professional and she is committed to her craft. She believes in decency and order, best practices, consistency in the application of policies and procedures, and she has been one who has demonstrated skill in balancing the roles of member of the management team and an advocate for employees.

“As an employee advocate, she is not shy about speaking truth to power. She is not a politician. I am. The fact that the bank has chosen to wage a war against her about my public utterances is regrettable,” the statement said.

In early May, police officers seized two laptops and a smartphone belonging to Mr Cash during a search of his home. The search was reportedly in connection with an investigation into the alleged leak of files from the bank.

Mr Cash’s lawyer, Carl Bethel, later filed a motion in the Supreme Court arguing that his client’s rights had been violated. A week after, Mr Bethel said the parties involved reached an “amicable” agreement on the matter.

Mr Cash received his seized items a few days later. The FNM has called the search and seizure a political witch hunt.

Mr Cash has been outspoken over the past few months about his concerns over management practices at the bank.

Comments

John 5 years, 4 months ago

RBC shares went from $4.52 to $11.15 in 16 months.. BOB shares are still trading below $5.00 call the police (and not for cash, but for checks ad balances)

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ThisIsOurs 5 years, 4 months ago

As an HR executive she would not have any access to any of the banks electronic information.this is nothing but a witch hunt. Their actions have insinuated that they found something, ten to one, they did not. In any event I hope they paid her well, stay home with the kids and enjoy a stress free life for a few months.

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Reality_Check 5 years, 4 months ago

No guilt of any kind would not have required the involvement of Carl Bethel to strike a deal in Court with BOB (and by extension between Perry Christie and Minnis). It is clear now that the deal struck means no one in the FNM can speak out about or pursue investigation of the claims of corruption in the lending and loan write-off practices at BOB as published by the Punch, which corruption has apparently resulted in the need for BOB to be propped up by injections of additional capital from the working people's National Insurance Funds. Minnis made a terrible mistake here and has lost much more political capital than the deal involving Cash was worth.

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Well_mudda_take_sic 5 years, 4 months ago

Carl Bethel is another one of those dinosaur politicians responsible for all the mess we are in today......he too needs to be tossed to trash heap of useless bygone politicians if we hope to ever see brighter days for our country.

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ThisIsOurs 5 years, 4 months ago

Agreed. He should stay in the private sector and earn as much money as he likes.

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ThisIsOurs 5 years, 4 months ago

I doubt this deal will stop "everyone" in the FNM from speaking out? BOB likely paid the Cash's very well for their silence. They probably found no evidence of any data leaks stemming from Mrs Cash but wanted to stem the flow of info coming from Mr Cash to the press. Everyone else is free to speak their peace as long as the source of that info is not Mr Cash. I say good for Mrs Cash, enjoy 2 or 3 years stress free for having to endure the unwarranted invasion.

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