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Stabroek News

Olint, NCB case continues in court
published: Tuesday | March 18, 2008


Hylton

The application which investment club Olint Corporation Ltd has brought in the Supreme Court seeking an injunction to bar National Commercial Bank (NCB) from closing its accounts is to continue today.

Yesterday, Georgia Gibson Henlin, who is representing Olint, made legal submissions before Justice Roy Jones in chambers.

Against injunction

When the matter resumes today, Michael Hylton, QC, will continue his submissions, asking the judge not to grant the injunction.

Olint's lawyers last week applied to the Court of Appeal for an order to bar Hylton from representing NCB by virtue of his former positions as solicitor general and chairman of the Financial Services Commission.

Last week Friday, President of the Court of Appeal Seymour Panton turned down the application.

Nothing to bar

Justice Panton said he saw nothing to drive him to bar Hylton from representing NCB until Olint's appeal against a Supreme Court ruling this month has been heard.

He said further that, if he granted the injunction, NCB would have been done an injustice because it would be deprived of the service of the lawyer of its choice.

Attorneys-at-law Dave Garcia and Carlene Larmond opposed the application on the grounds that no damage was being done to Olint.

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