Asset Recovery Watch

ARW-126
Michael Misick
Turks and Caicos
Prime Minister (2006-2009); Chief Minister (2003-2006); Legislative Council (1991-?)
United Kingdom
Undertaking Recovery Effort, Location of Recovery Effort
2009
Ongoing
Art.17
No
Criminal Prosecution and Forfeiture
Unknown
Unspecified
Ongoing Case
Ongoing
Before Court of First Instance
Unknown
Ongoing
N/A
Beginning in 2010, along with the criminal investigation, civil recovery efforts by law firm of Edwards Angell Palmer & Dodge were taking place in the Turks and Caicos.  (Sources: Quarterly Statement and Annual Review from the Governor [Gordon Wetherell], dated September 9, 2010; Attorney General v. Salt Cay Devco Limited, Salt Cay Estates Limited, Salt Cay Golf Club Limited, No. CL-5/2010, Supreme Court of the Turks and Caicos Islands, filed April 23, 2010.  See also, The Turks and Caicos Islands, Government Information Service Press Release, "Special Prosecutor Helen Garlick Introduced to TCI," posted at http://www.tcgov.tc/info--ID--500.html.)  According to the Turks and Caicos Sun, the publication had obtained documents which stated: "on June 23rd, 2011, Chief Justice His Lordship Gordon Ward made the order to freeze all of Misick’s assets, including bank accounts here and overseas, his personal residence in Providenciales, parcels of land throughout the Turks and Caicos Islands, two condominiums, a cinema in Providenciales [  ] and several credit cards."   (Source: Hayden Boyce, Sun Publisher and Editor-in- Chief, "Michael Misick's Assets Frozen World-wide," Turks and Caicos Sun, posted July 4, 2011.)   According to secondary sources, Mr. MIsick's trial is ongoing as of June 2016, when he was also granted permission to travel to the Dominican Republic for medical services. (Source: Caribbean News Now, ""Corruption-accused former Turks and Caicos premier to travel for medical attention," June 6, 2016.)   In a related case, according to a press release issued jointly by the Turks and Caicos Attorney General, Director of Public Prosecutions and the Special Investigation and Prosecution Team, Richard Padgett pleaded guilty on May 31, 2013 to bribery and conspiracy.  The TCI Government also announced that it had settled all civil claims and proceedings against Mr. Padgett and his companies, including “civil claims arising from the Third Turtle Development referred to in the Report of the Commission of Inquiry, and a separate civil claim arising in relation to Crown Land on East Caicos acquired by a company controlled by Richard Padgett.  Under the settlement, Mr Padgett has transferred to TCIG land which has been valued at approximately US$7m, and has made a cash contribution of $75,000 to the costs of investigating the claims. The land transferred to TCIG includes about 540 acres of former Crown Land on East Caicos (although some of this land is charged to a bank for about US$1.5m), and two parcels at North West Point and Richmond Commons on Providenciales totalling about 10 acres.”  (Source: "TCI criminal and civil case update,, issued jointly by the Turks and Caicos Attorney General, Director of Public Prosecutions and the Special Investigation and Prosecution Team, gov.uk, May 31, 2013, accessed at https://www.gov.uk/government/world-location-news/tci-criminal-and-civil...).   

 

According to a January 2014 statement by the Governor's Office of Turks and Caicos, "Mr Misick faces charges of conspiracy to receive bribes, conspiracy to defraud government, and money laundering related to his time in office.report by the Governor of Turks and Caicos." (Source: Governor's Office Waterloo Grand Turk, "Former Premier of the TCI, Michael Misick, was released on conditional bail by the TCI Supreme Court today, Monday, 13 January 2014.); As of June 2016, his trial was ongoing. (Source: Caribbean News Now, "Corruption-accused former Turks and Caicos premier to travel for medical attention," June 16, 2016.)

Special Investigation and Prosecution Team, Special Prosecutor; Edwards Angell Palmer & Dodge law firm (civil asset recovery)
Special Investigation and Prosecution Team, Special Prosecutor; Edwards Angell Palmer & Dodge law firm (civil asset recovery)
Supreme Court of the Turks and Caicos Islands (against the Salt Cay developers)
Special Investigation and Prosecution Team, Special Prosecutor; Edwards Angell Palmer & Dodge law firm (civil asset recovery)
Special Investigation and Prosecution Team, Special Prosecutor ; Edwards Angell Palmer & Dodge law firm (civil asset recovery)
Supreme Court of the Turks and Caicos Islands (against the Salt Cay developers)