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Ex-Sky Bahamas chief s compliance nightmare
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NASSAU, BAHAMAS Sky Bahamas’ former chief executive, Captain Randy Butler, has refuted claims by the airline’s former financier that he “swindled” the company out of millions of dollars.
Businessman Fred Kaiser claimed that Butler, the former airline executive, “bilked” insurers and pocketed millions from selling engines off-market, according to court documents.
Kaiser, a permanent resident who financed the acquisition of Sky Bahamas’ fleet, in court documents seen by
Eyewitness News has leveled several allegations against Captain Butler in his handling of the airline’s operation.
According to court documents, the legal battle between Kaiser and his former Sky Bahamas partners began well over a year ago.