Hashtag: #Savvy800

Court: Charge Against Zane DeSilva Dropped

Court: Charge Against Zane DeSilva Dropped

The court charge against MP Zane DeSilva will no longer be pursued, with Mr DeSilva saying that he “always maintained my complete innocence of this allegation, that has now been vindicated.” The allegations related to matters involving Anthony Blakey and Savvy Entertainment, with Savvy Entertainment receiving an $800,000 loan from the... Read more of this article

Savvy Entertainment Winding Up Petition

Savvy Entertainment Winding Up Petition

A petition to wind up Savvy Entertainment Limited in the Supreme Court of Bermuda has been presented, according to  the recent official notices. A company named Savvy Entertainment received the now infamous $800,000 loan which was never paid back, with the loan supposed to be used for a recording studio. The notice said, “In The Matter Of Sections... Read more of this article

MP Zane DeSilva Charged In Magistrates Court

MP Zane DeSilva Charged In Magistrates Court

MP Zane DeSilva was charged today [Oct 26] in Magistrate’s Court with allegedly violating the Proceeds of Crime act. The charge alleged that between April 2018 and August 2018, he “entered into or became concerned in an arrangement, which you knew or suspected facilitated the use or control of criminal property by or on behalf of William... Read more of this article

ICO Decision On Savvy Entertainment Info

ICO Decision On Savvy Entertainment Info

After an applicant asked the Cabinet Office for records relating to Savvy Entertainment, the Information Commissioner has issued a decision that “finds that the Cabinet Office failed to decide the Applicant’s request for an internal review within the statutory timeframe” and the Information Commissioner has “ordered the Cabinet Office... Read more of this article

Zane DeSilva Responds Following Police Arrest

Zane DeSilva Responds Following Police Arrest

“I have done nothing wrong and have nothing to hide,” Zane DeSilva said, with the MP adding that had the police asked him for information or documents he would have “gladly handed whatever over to them” without the need for a “police raid.” Mr DeSilva said, “On 2nd October 2020 still humbled by the landslide... Read more of this article

Two Arrested In Connection With $800K Loan

Two Arrested In Connection With $800K Loan

Police have confirmed that “two people have been arrested in connection with the ongoing investigation into the $800,000 government loan to Savvy Entertainment.” A police spokesperson said, “No further information will be provided on those arrests at this time. Saying it was “in light of recent comments regarding the second arrest... Read more of this article

OBA: Auditor ‘Must Investigate Deal With Savvy’

OBA: Auditor ‘Must Investigate Deal With Savvy’

The Auditor General “must investigate the deal made with Savvy Entertainment, ” OBA candidate Douglas De Couto said. Mr. De Couto said, “There are so many questions about whether the people’s money was spent correctly that the only way of getting to the bottom of this loan is for the Auditor General to investigate. “David Burt talks... Read more of this article

OBA: ‘The Loan Agreement Was Not So Savvy’

OBA: ‘The Loan Agreement Was Not So Savvy’

[Updated] “How can the Premier have been so gullible to have approved this dodgy-looking deal,” OBA candidate Patricia Gordon-Pamplin has asked. Ms Gordon-Pamplin said, “The $800,000 loan was repayable over three years, which is around $22,000 a month, plus interest, from a so-called entertainment business that does not appear to... Read more of this article

Audio: Premier David Burt On $800K Loan

Audio: Premier David Burt On $800K Loan

“I fully get the anger and frustration – it is deserved, and I am sorry,” Premier David Burt regarding the $800,000 loan for a recording studio which has not been paid back, with the Premier adding “lessons have been learned from this episode and the Government has taken the necessary steps to ensure that protections are further... Read more of this article