Darren Powell’s Assets Frozen

The Supreme Court has ordered that the assets of prominent businessman and PNP Caretaker for North West St. Elizabeth, Darren Powell, be frozen.

Powell is a former West Indies fast bowler.

His assets was ordered frozen last week Wednesday by Justice Lloyd Hibbert.

In November last year, PNP delegates in North West St Elizabeth selected Powell as their preferred candidate to challenge the JLP’s JC Hutchinson in the next general election.

Justice Hibbert made the order after Powell was sued for failing to make full payment after he purchased a Supermarket in Malvern, St. Elizabeth.

Documents obtained by Nationwide News show that the company, Quintex Limited and its director James Chin have sued Powell for damages in excess of $35-million.

The lawsuit was filed in April this year.

The Court order freezing Powell’s assets was obtained in June.

Allegations are that in March 2012, Powell entered into a sale agreement to purchase a Supermarket from Mr. Chin’s company.

The agreed purchase price was $38-million.

The Supermarket was re-branded using one of Powell’s middle names, Lyle.

But documents supplied to the Court show that the former West Indies Cricketer has only paid over $15-million.

Mr. Chin and Quintex are alleging that Powell has attempted to avoid calls placed to him and is dodging efforts to have him pay his debt.

In his defence, Powell accepted that he entered into a sale agreement to purchase the supermarket.

But he says Quintex and its Directors misrepresented to him that they owned fixtures, equipment and leasehold improvements for the property.

Powell has also denied that he has consistently made payments in breach of what was agreed.

He has asked the Court to reject a demand that he pay interest attracted by his alleged failure to make agreed payments on time.

Powell is being represented by the law firm Knight Junor and Samuels, while prominent attorney, Gordon Robinson is acting on behalf of Quintex.

After hearing arguments on June 17, Justice Hibbert barred Powell from selling any of his assets until further notice.

Powell is also barred from disposing of his assets unless they exceed JMD$50-million.

The matter is to be next heard in Court on July 15.