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ROYAL BANK OF CANADA CONDUCTING A MAJOR INTERNAL INVESTIGATION – BREAKING NEWS!!!

Bahamas Press warned RBC in its REWARD OF BAD BEHAVIOUR!

Toure Holder - axed RBC manager for TCI -

TCI – The Royal Bank of Canada has launched a major investigation into what has been described as a, “very serious internal matter,” according to bank official in the Bahamas Branch.

While the details of the investigation are sketchy at this time Bahamas Press, this newspaper understands that branch manager, Toure Holder, the man who we reported on BP before had been a recipient of  RBC’s reward for bad behaviour, has been questioned by senior bank officials from the bank’s head office in The Bahamas.

Holder was transferred into the Turks and Caicos Branch of RBC, which has only been opened for the past three years.

When BP contacted the bank on Friday in the TCI and asked for Mr. Holder, a response came suggesting that he was on vacation.

BP on good authority can confirm following investigation Holder has been relieved from RBC and no one knows where he is.

A July 3rd statement from Jan Knowles, public relations and communications manager for Royal Bank of Canada (Bahamas) Ltd, said: “We are aware of a situation at the Bank and the matter is under investigation.”

She added that, “RBC is a responsible financial institution and will certainly do what is right to safeguard our bank, our client’s interests and our employees’ rights. RBC has a century long history of good governance and commitment to the Caribbean region. We value our operations in the Turks and Caicos Islands and we have a zero tolerance policy for actions that compromise our integrity as a bank. As this situation is under investigation we are not able to comment further.”

Bank Boss now has trouble on his hands. Nathaniel Beneby must now cushion major TCI crisis which could destroy the 100 year-old bank and force international regulators to investigate RBC.

The standard statement issued by the bank we believe is necessary to cover the deep and serious internal investigation – which we believe – involves serious allegations of criminal proportions. – WHAT IN THE HELL IS DIS?

Bahamas Press wrote at the time of Mr. Holder’s appointment as Branch Manager of the TCI, that RBC was rewarding bad behavior. We wrote this in response to his actions in St. Kitts where he pulled a gun on the lover of his wife at the time. This behavior was unbecoming of a person of his stature and level of responsibility. The Bank did nothing.

Alas, chickens have come home to roost, and the Country Head, Mr. Beneby should hold his head down in shame. He refused to act then and now has acted too late.

We are told by bank insiders, that Mr. Holder was Beneby’s “blue eyed boy” from their days working at the Freeport Branch of RBC and Mr. Holder may know where some of the proverbial bodies are buried.

Meanwhile our sources in the TCI tell us that a local Nassau based Attorney with links to the TCI may be subject to the Bank’s internal investigations as well. Stay tuned, we are about to drop the bricks on this one soon.

1 Response to " ROYAL BANK OF CANADA CONDUCTING A MAJOR INTERNAL INVESTIGATION – BREAKING NEWS!!! "

  1. media says:

    Nassau, Bahamas — Bahamas Press has been flooded with information and documentation since we put up our initial post. We’ve have been meeting and corresponding deep undercover with sources both in the Bahamas, and in the Eastern Caribbean island of St. Kitts.
    Our source deep within the Fourth Floor of RBC House told us, staff have been asking whether bad behavior in RBC is being recognized and rewarded. Case in point, the manager of the new flagship on Carmichael Road, Mr. Toure Holder was hastily deported from St. Kitts after shooting a gun in an attempt to harm his wife and her lover.
    Our source said that people have been fired for less, but he has been rewarded, the question is how come? We’ve been shown the employee Code of Conduct called “Honoring your Trust”. It calls for employees to conduct themselves with the highest integrity and honesty and to operate with that character trait within and outside the bank. We wonder if that is for some who are not the personal favorites of the Most High ROSS “THE CREEPY BOSS” Macdonald our source said.
    At this stage, our source pointed us to the story of Mr. Holder and his wife, and provided us with sources in St. Kitts who we corresponded with and were provided with much details, including newspaper articles. In fact, we were put in touch with Mr. Holder’s wife lover. Lo and behold, he turns out to be a close relative of Lee Moore, former Premier of St. Kitts and star of the Commission of Inquiry in the Bahamas, the one and only ” Mr. Pinstripes” (Forerunner to Ron Pinder).
    The story goes like this – Mr. Holder was transferred from RBC’s Freeport branch where he was the manager to head up the Bank in St. Kitts and the E.C Islands. He took his wife and family with him. He was the “Big Man” in town as this is a horse and buggy country.
    Shortly thereafter, he and his wife opened a restaurant called “Goombay Hut”. It was here his wife met Lee Moore’s close relative who told BP he wants to go by the nom de guerre “Woody Big Wood Moore”. We agreed and we now provide in his own words the narrative of the affair and his near death experience at the hands of Mr. Holder.sir-timothy-hill-copy

    ” …the bank mon came to town and was carrying on like a big shot, he moved in the big power circles with the top police and Govt people them, i use to hang out at the Goombay Hut and hep he wife close up. The women was lonely and one night she had too much to drink and me fix she business for she. We start doing it regular and she say she like ma wood as she fella had a small ting. after bout six months some man talk on me and she, ma took she in she jeep to Timothy hill to drill her, she husband show up as me was putting good hard backshots on she, he fainted wen ma recoiled ma anaconda outta she, he ten catch he sef and gone get he gun he start to shoot like a crazy mon, ma and the wife had just enough time to jump in she jeep bald naked and wail tail from there. He shoot after the jeep. ma gone in hiding for 3 weeks cause ma know he tight with them govt officials and the police. the mon near kill ma and he wife and was not locked up or charge, ma know a deal gone down, money was paid, ma dont know if by the bank or him, but a deal gone down. Ma miss he wife but ma scared that is why please dont use ma name.”

    This is a first person account of the incident. There was no charge of attempted murder or at the very least, unlawful discharge of a deadly weapon after the crime was committed. This was so shocking to the people of St. Kitts that they claimed police bias. BP has been provided with the newspaper account and the police feeble denial of bias.

    Date Posted: Thursday 13 December, 2007

    Police quash claims of biases
    By Shawn Seabrookes
    Senior Reporter –
    {Basseterre; St. Kitts} The Acting Deputy Commissioner of Police, Joseph Richardson, has emphatically denied claims by several persons that the Police are allowing some persons to get away with crimes while others have to bare the “brunt of the law”.
    Superintendent Richardson noted that the Police are doing everything possible to bring alleged criminals to justice.
    The allegations of bias stemmed from an alleged shooting incident involving a high ranking bank official, his wife and a third person.
    According to sources, the bank official received a tip stating that his wife and her companion were at Timothy Hill, so he travelled to the area.
    On arrival, it is alleged that he fired at the two of them (his wife and companion) and one bullet even grazed his wife’s vehicle.
    The wife and companion were able to flee the scene without sustaining injuries.
    Unconfirmed reports state that a statement was given to the Police about the incident.
    The Acting Commissioner confirmed that the bank official was interviewed and then released. It was ascertained that shots were indeed discharged but allegedly in the air.
    Superintendent Richardson noted that investigations are still ongoing into the incident, contrary to what many persons believe and he also confirmed that it is an offence for a licensed firearm to be discharged in public without a justifiable reason.
    The bank official’s gun, a licensed firearm has been confiscated by the Police.

    Now Mr. Holder was rewarded and recognized for this bad behavior, he was brought to town and treated to the Emperor’s Lair, what a shame! “Is the bank now condoning domestic violence and criminal behavior?” our source asked.
    BP has been informed that he is the pet of Senior Management at the bank, we cry shame on them! Why is this man still there!?
    BP will be doing a series on this bank if they don’t get their act together and treat people fairly. Our Deep Throat within the bowels of the fourth Floor says she supports Mr. Beneby, but Mr. Macdonald has formed a “White Cabal” and has been bringing in his people from Canada and these are white faces.
    It appears that despite some managers inability to meet deadlines and complete projects on time, sometimes for months and even years, they are rewarded with promotions and elevated into positions of even greater responsibilities.
    Case in point, both the new Turks and Caicos branch, and the new Carmichael Financial Center were badly behind schedule, for the most part, due to poor organization, poor project management and in some instances just ineptitude! The latter, Carmichael, is still not totally completed despite all the fan fair at its recent Grand Opening.
    Also, Carmichael’s “Real Landlords” or “Real Ownership” is currently the subject of much INTERNAL debate. (More to come.)
    Clients complain daily about the steady decline in the banks service in general and the unavailability of banking machines especially over weekends, sometimes for days on end.
    It is speculated in some circles, that this institution and its technology department, once a leader among financial institutions, is a major contributing factor in the delay of the full implementation of the “Automated Clearing House” project (ACH) which will allow instant check clearing between the Central Bank and all other clearing banks.
    Is it any wonder why over the past 3 years, the entire technology department has either been transferred, been forced to resign or been forced out by its “Newly Anointed Head”? Meanwhile, the executive management acts with downright indifference despite warnings from most of the departing employees concerned.
    Now, some informed observers deduce that a case of “Jungle Fever” may be the cause of most of this institution’s technology related problems, but the Executive Management team simply refuse to remedy it. They seem content to let a simple case of “jungle fever” bring down an entire institution. My, My, My, as they say “the Power of the ……”
    BP knows that the Wutless Toilet Paper is a major client and friend of that bank, and we will wait and see their response before we move on to part 2.
    Our source told us, “I hope Ross MacDonald responds, I hope Nat [Nathenial Beneby] do not let them use him again, mind you he and Ross have some other issues and big bosses are coming in this week to deal with that.”
    Bahamas Press will wait 3 days and then all hell will break loose, we gat the goods.
    A preview of part 2 involves a “Just retired, wicked and diabolical Collections Czar” vs. Senior management, this involves, unethical acts, conflict of interest and outright corruption. We shall wait and see, we have the goods.

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