The Governor’s spokesperson Nick Smith confirmed on behalf of SIPT the Special Investigations and Prosecution Team – the levels of bail that was set as a result of yesterday’s court proceedings, which saw 9 persons, including former Ministers of the Michael Missick administration, hauled before the court in Providenciales for a sufficiency hearing in connection with allegations contained in Sir Robin Auld’s Commission of enquiry report of allegations of corruption.

Sources tell RTC News that the mood of those appearing was very somber as they faced the grim reality of what had been hanging over their heads for years;  a trial that could very well result in possible incarceration for some of those persons.

The hearing reportedly lasted well after 6p.m. and when it was all over, former Finance Minister Floyd Hall was placed on $500,000 bail, Lisa Hall, Quentin Hall, Earlson Robinson each received $100,000 bail; Lillian Boyce, Melbourne Wilson, Samuel Been and Jeffrey Hall each received $175,000 bail.

Developer Richard Pagett was initially remanded, however, he was released on stringent bail conditions of $1.8 million dollars late last night, following an appeal to the Chief Justice. Pending the outcome of his bail recognizance, he cannot leave the island.