Former Barbadian bank CEO fined for money laundering offence

Crime

Legal

October 1, 2026

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Former Barbadian bank CEO fined for money laundering offence

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NEW YORK, United States (CMC) – Former Insurance Corporation of Barbados Limited (ICBL) chief executive officer Ingrid Innes has been fined US$7,000 and sentenced to time served after pleading guilty to one count of conspiracy to commit money laundering.

The 70-year-old, who has stage three pancreatic cancer, avoided further imprisonment after District Judge Kiyo Matsumoto took her medical condition into account.

Innes was charged in connection with a bribery scheme involving former government minister Donville Inniss.

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Sourced from Jamaica Observer. Visit their website to read the full story.

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