The Independent is reporting that Turks and Caicos Islands premier Michael Misick has resigned from office following an investigation that found “clear signs of corruption.”
“I will tender my resignation, effective today, to allow the new PNP party leader to become Premier,” Misick, 43, announced Monday. Misick, who denies selling Crown land for personal gain, quit a week earlier than expected. His departure follows allegations that his party misused public funds and profited from the sale of government-owned land in controversial deals, including one to build a Dubai-style luxury resort off the coast of the islands in the West Indies.
Britain plans to dissolve the territory’s cabinet and legislature following the inquiry, prompting accusations that civil servants in London failed to scrutinize a series of deals. One saw an east European oligarch acquire land worth millions of pounds for an annual rent of just £170. The Foreign Office has said it will suspend much of the islands’ constitution and hand power to the resident British governor, Gordon Wetherell, ending Misick’s six-year tenure as Premier.
Misick, who is separated from his wife, the actress LisaRaye McCoy-Misick, owns two private jets, wears designer suits and once claimed to have bought his wife a Rolls-Royce Phantom, which transpired to be on a £4,700-a-month lease in her name.
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