FIU denies clearing Sea Lots man in Range Rover purchase
The Financial Intelligence Unit (FIU) has responded to a Newsday article, in which it was reported that the Unit cleared a Sea Lots man, identified as a gang leader, of any suspicious transaction in his recent purchase of a Range Rover believed to be valued at over $700,000.
Photos of the man’s newly acquired Range Rover were posted on social media on Tuesday.
At least two photos were shared online, one in which the man is photographed with a woman handing over the keys for the Range Rover and another showing the vehicle parked.
Many social media users called for an investigation into the purchase of the vehicle.
According to the Newsday article which has since been pulled, FIU sources said investigations showed the buyer used the money from three businesses to acquire the vehicle.
The FIU, in a statement on Wednesday said the article has come to its attention.
“An article titled “FIU clears purchase of Range Rover by suspected gang leader” written by Nalinee Seelal and published online by the Newsday dated July 25, 2018 has come to the attention of the Financial Intelligence Unit of Trinidad and Tobago.
The article claims that “The Financial Intelligence Unit has cleared a Sea Lots man, identified by police as a gang leader, of any suspicious transaction in his recent purchase of a Range Rover believed to be valued at over $700,000.”
The article further states that “FIU sources said investigations showed the buyer used the money from three businesses to acquire the Range Rover.”
The FUI noted that it did not investigate and did not provide the information in the article.
“The FIU does NOT investigate and did not provide the information in this article. ABSOLUTELY NO sources from the FIU spoke to Ms. Seelal on the matter referred to in the article. The FIUTT wishes to reiterate that it functions as a specialised intelligence agency,” the Financial Intelligence Unit noted.
The FIU added that it receives reports of suspicious transactions and activities from Financial Institutions and certain business sectors which it analyses and produces an intelligence report which is then sent to law enforcement authorities for them to investigate.
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