Embattled Chief Executive Officer (CEO) of Lambirds Academy Dr. Iftekhar Shams has been cleared of money laundering charges brought against him by several of his former students.
The decision was handed down by Magistrate Ermin Moise at the Gros Islet court today (October 27).
Attorney-at-Law Marcus Foster who is representing Dr. Shams said he is pleased with the ruling.
However, the CEO still faces a human trafficking charge, as well as charges of obtaining by deception.
While Dr. Shams is still on remand, Foster said he will be making further applications for his client to be released.
The CEO and two other Asian men have been accused of luring a number of foreigners here, with promises of an education and jobs overseas.
The students are mainly from Nepal, India and the Philippines. They claimed that they each paid US$9, 000 for the courses and US$13,000 to get to St. Lucia, to undertake various courses.
However on arrival here, they were told by law enforcement authorities that they had been duped.
The over 70 plus suspected students have been left stranded here as a result of the investigation.