Wanted for questioning by the Fraud Squad, Ian Lyn, the former director of Carmax Jamaica Limited, has broken his silence, declaring that he is not a thief, even as the cops say allegations of impropriety against the company he formerly ran has climbed to $160 million.
"First of all, let's make it clear that I am not a director of Carmax, since last October. I haven't been the head of operations for six months. Second, I am not a thief, because that is diametrically opposed to who I am. And third, the allegations are far from the truth," Lyn told The Sunday Gleaner by telephone from an undisclosed location overseas.
According to Lyn, he was never the majority shareholder in the company which traded in used cars. He added that he did not flee Jamaica to avoid possible fraud charges, similar to those levelled against Daren Blake, a director in Carmax.
"I am out of the country on business. I am many things, but I am not a thief. It is against who I am and everything that I strive to do for all the years of my business life," reiterated Lyn, a former president of the Jamaica Used Car Dealers' Association.
However, Lyn refused to say when he would be returning to Jamaica to face the music, following a plea from the Fraud Squad for him to turn himself in for questioning. Instead, the car dealer referred our news team to his lawyer, Shantez Stewart. The attorney later said he is taking instructions from his client and could not say when Lyn will make himself available to the cops.
"My client advised me to go to the Fraud Squad and present certain information, which I did. Having done that, we will now allow all the processes of the judicial system to proceed," said Stewart.
Head of the Fraud Squad, Superintendent Anthony McLaughlin, has already indicated that the police are considering their options, following Lyn's failure to turn himself in.
Last week, auto broker Roderick Byles obtained a Supreme Court order which placed Carmax into receivership. The assets of Blake and Lyn, who holds an American passport, were also placed into receivership.