Asset Recovery Watch

ARW-178
Steve Ferguson / Piarco Airport case (Bahamas)
Trinidad and Tobago
Former Chairman of the National Gas Company (1998- unspecified)
Bahamas
Location of Recovery Effort 
Unknown
Art.19, Art.23
Yes
Unspecified
Unknown
Unknown
Ongoing Case
Ongoing
Unknown
Unspecified
Ongoing
N/A

In June 2009, Assistant Director Janice Ayala of the U.S. Immigration and Customs Enforcement testified before a U.S. Senate Committee that the case involved accounts of shell companies which were held in the Bahamas, and that the restitution ordered by U.S. courts had yet to be paid. (Source: Statement of Janice Ayala, Deputy Assistant Director, Office of Investigations, U.S. Immigration and Customs Enforcement, Department of Homeland Security, regarding a Hearing on "Examining State Business Incorporation Practices: A Discussion of the Incorporation Transparency and Law Enforcement Assistance Act (S. 569)," Before the U.S. Senate Committee on Homeland Security and Governmental Affairs, June 18, 2009.)

According to official documents filed in U.S. District Court for the Southern District of Florida, Mr. Ferguson is under indictment on multiple counts of fraud and money laundering charges. Mr. Ferguson is challenging his extradition from Trinidad and Tobago to the U.S. (Sources: US v. Gutierrez, et al, Case no: 1:05-cr-20859-PCH (S.D. Fla), Superseding indictment filed on March 29, 2006; Court Docket Report as of August 21, 2014.

Attorney General
High Court, Court of Appeals
Unspecified