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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)

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To: tonto who wrote (54789)8/16/1999 11:32:00 PM
From: Tommy Hicks  Read Replies (3) of 55532
 
Date 8/13/96. I wonder if he received any money from this?

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Jamaican court rules in favor of diplomat
( Reuters )
--------------------------------------------------------------------------------

KINGSTON, Jamaica (Reuter) - The Jamaican Supreme Court Tuesday
ruled in favor of former Hungarian diplomat Peter Hargitay in his
lawsuit charging the head of the police narcotics division with malicious
prosecution.

Hargitay and three crewmembers of his Belizean-registered vessel
were arrested last year and charged with drug trafficking. But all
four were acquitted in February after the judge labeled the prosecution'
s key witness "a liar."

The Swiss businessman and former Hungarian consul to Jamaica testified
that, in fact, he had been working with the local police and the U.S.
Drug Enforcement Administration in a drug sting operation at the time
of his arrest.

Following the acquittal, Hargitay filed suit against the government
and narcotics division chief superintendant Reginald Grant seeking
J$345 million (US$9.6 million) in damages resulting from false imprisonment
and malicious prosecution.

The Supreme Court had not yet determined how much Grant will be
ordered to pay Hargitay. The next hearing in the case against Jamaica'
s attorney general was set for Sept. 26.

Hargitay put his total losses in the region of US$16 million,
as his advertising businesses in Europe suffered and his NASDAQ-listed
Olympus Investment Fund saw its stock price plunge from $6.25 to 10
cents a share.
REUTER


Copyright 1996 Reuters Ltd.
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