Antigua Sun: "Businessman, Sir R. Allen Stanford, in interviews conducted yesterday, stated that regulators are lying when they claim he defrauded thousands of investors.
He continued that if any of the allegations are deemed true, his Chief Financial Officer, James Davis, is to blame.
“The investment and risk committee reported to Jim Davis, not to me,” he said. “The Stanford International Bank quarterly report was produced in Tupelo, Mississippi, under Davis’s direction and signed off by him. I trusted his integrity.”
Davis’ lawyer, David Finn, claims that his client was the one duped by Sir Allen and that Davis has been co-operating with prosecutors."
He continued that if any of the allegations are deemed true, his Chief Financial Officer, James Davis, is to blame.
“The investment and risk committee reported to Jim Davis, not to me,” he said. “The Stanford International Bank quarterly report was produced in Tupelo, Mississippi, under Davis’s direction and signed off by him. I trusted his integrity.”
Davis’ lawyer, David Finn, claims that his client was the one duped by Sir Allen and that Davis has been co-operating with prosecutors."
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