Nugent Walker, manager of sprinting legend Usain Bolt, has confirmed that a probe has been launched after it was discovered that millions of dollars belonging to the athlete have gone missing from an account at the investment firm Stocks and Securities Limited (SSL).
Walker told The STAR that the former athlete became aware of the discrepancies with his accounts on Wednesday.
"All the relevant steps have been taken to come to the bottom of this," he stated that the Financial Investigations Division and Financial Services Commission are among the entities to which reports have been made.
Noting that the investigation is still going on, Walker said he was unable to disclose the sums involved or the time period covered by the investigation.
"He's been with this entity over 10 years...His entire portfolio is being reviewed," Walker said.
The STAR has learnt that a former employee at SSL has been implicated in a massive fraud at the entity, including the missing sums from Bolt's accounts.
An attorney representing a former employee at SSL would say very little about the matters involving her client.
"My client is in discussion with SSL and the lawyers representing SSL," she told The STAR.
She said these discussions started about two weeks ago.
