ADMINISTRATORS of Caribbean Maritime University (CMU) have described the arrest of one of its staff members for misuse of students’ funds, as proof that its internal checks and balances work.

In a release on Thursday, shortly after the Financial Investigations Division (FID) announced that Kevan Anthony Panton, an accounting/customer service officer employed to CMU, was arrested and charged in relation to alleged financial irregularities involving student funds, Principal Professor Andrew Spencer said the matter had been identified through its internal monitoring processes.

“The university acted in accordance with its established procedures and has fully cooperated with the investigation throughout. This matter reflects the effectiveness of the CMU’s governance and oversight systems, which are designed to identify and address issues through the appropriate channels,” said Spencer.