PREAMBLE
After months of haggling in 2011 when Beersheba Old students Association (BOSA) objected to the attempt that was made by the Administration at Beersheba Primary School (Government Leased), New Market, Saint Elizabeth, Jamaica West indies to get Bermuda Trust Company Limited – the Trustee for James Richards Educational Trust Fund – to transfer the balance of USD 80,000.00 in the Trust Fund to the School’s Consolidated Fund, Mr. Wayne P. Chapman, Managing Director HSBC Private Bank in Bermuda and Parent Company of Bermuda Trust Company Limited, acquiesced with the position that Beersheba Old Students Association (BOSA) took on the matter.
ACTION TAKEN BY BERMUDA TRUST COMPANY LIMITED TO PROTECT THE WISH OF THE TRUSTOR
In the pursuance of probity, transparency, and accountabili...
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