By: TCI NEW NOW!
TCI – Chalmers ‘Chal’ Misick, an attorney at law and the brother of former premier Michael Misick, was reported by reliable legal sources to have been arrested on Tuesday and detained in custody overnight.
He appeared in the Providenciales Magistrates Court on Wednesday, charged with money laundering in the amount of $2.7 million on behalf of his brother, Michael Misick. As he is apparently considered a flight risk, bail was offered in the sum of $3 million on strict conditions, namely, no travelling by boat or plane, he must check in every morning and must sleep at his residence every night.
Another of his brothers, Washington Misick, also another former chief minister, was said to be trying to arrange bail on Wednesday.
Misick is also reported to be facing additional money laundering charges totalling some $14 million.
The special investigation and prosecution team (SIPT) also confirmed on Tuesday that a 50-year-old man, who was arrested last week and bailed, was interviewed again on Tuesday and charged with conspiring to defraud the TCI government. He has been bailed and will appear in court on Tuesday, 6 December.