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Monday, February 6, 2023
HomeSportsAsafa Powell warns athletes to closely watch over investment funds

Asafa Powell warns athletes to closely watch over investment funds

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by Rachid Parchment (Jamaica Observer) Olympian Asafa Powell has warned athletes to be smart with their investment money and to vigilantly watch over their accounts.

Powell’s comments stem from an incident in which an alleged sum of US$12 million was reported missing from fellow Olympian and close friend Usain Bolt’s investment account at Stocks and Securities Limited this week.

Powell, like Bolt, has retired from track and field and has also decided to invest his money for retirement.

Powell met with journalists during the Jamaica Observer’s Press Club held at its Beechwood Avenue headquarters Thursday regarding the upcoming Sagicor SIGMA Corporate Run, for which he is an ambassador. He described Bolt’s plight as “very unfortunate”.

“I don’t even know how to comment about the situation but just to say it’s very unfortunate,” he said. “Athletes should just be aware.

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