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De Bourg Denied Bail

De Bourg  Denied  Bail

 Moves to have former Capital Bank Chief Executive Officer Finton De Bourg out on bail on medical consideration while his appeal before the court is being pursued has been shelved.

De Bourg’s lawyer Jerry Edwin last Friday withdrew his appeal during a sitting of the Court of Appeal as the Appeal Court judges hinted that the grounds advanced for having Mr Debourg out on bail did not show sufficient reason why his medical condition could not be treated at the prison.

 DeBourg was sentenced to twenty-five years behind bars in 2018 after he was found guilty of a series of criminal offences, among them, misappropriation of funds and falsification of documents during his stint as head of Capital Bank International.