COMPLIANCE ETC: THINGS YOU MAY HAVE MISSED – MAY 24

Missed yet more “excitement” this morning, as a bank robbery just down the road in which 5 men stole around $12,000. All banks here (as well as many shops, malls etc) have armed security guards. Unfortunately, not only was this bank’s guard overpowered, the robbers also stole his firearm. this is the second bank attack on the same main road in recent months… Such crimes are a bit risky, I’d have thought, as no doubt silent alarms are triggered, and heavily armed police on motorcycles (nicknamed “ninjas”) patrol – so you be easily be confronted by scarey cops with machine guns and pump action shotguns.

In other news, a somewhat lower risk crime, saw 2 former senior officials of the National Charity Lottery linked to an investigation into the alleged robbery of $95,000 from the vault.

As the Presidential primaries get under way, one of the proposals that has resurfaced is the construction of a high-speed Panama-David train service. In 2019, a feasibility study carried out by a Chinese company estimated that the work required an investment of $4.1 billion. While, in theory, a good alternative to the current slow bus service, or long car journeys, a question mark may arise on environmental grounds from the construction process – though the resulting reduction in road traffic could be a bonus.

24 MAY 2023

https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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