Claiming that the transaction “does not make commercial sense”, Sagicor Investments Jamaica last year demanded an explantion from Cornerstone for Rita Humphries-Lewin’s sale of 28.2 million shares in Barita, to pay for 1.4 million stocks in.
The Financial Services Commission (FSC) says it has engaged its "internal processes" in response to its awareness of allegations that retired 87-year-old businesswoman Rita Humphries-Lewin, who is reportedly battling dementia, was.
Financial Services Commission investigating Barita-Cornerstone saga jamaica-gleaner.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaica-gleaner.com Daily Mail and Mail on Sunday newspapers.
Rita Humphries-Lewin’s dementia had so worsened up to January 2023 that the 87-year-old respected Jamaican businesswoman reportedly could not even recall the word ‘Barita’ – the name of the investment company she established more than four decades.
A bitter fight has emerged between the principals of investment firm Cornerstone Group and a relative of revered Jamaican retired stockbroker Rita Humphries-Lewin. Attorney Deborah Mordecai Edwards has alleged that Cornerstone and two of its top.