Beautiful Virgin Islands

Tuesday, Jun 03, 2025

Local businessman files to fund Fahie’s bail

Local businessman files to fund Fahie’s bail

A Nebbia proffer has been made in the criminal matter involving former Premier Andrew Fahie and the document names local businessman Albion ‘Bobby’ Hodge as the person funding Fahie’s bail.
Fahie, who was arrested in the United States on charges of drug smuggling and money laundering, was offered bail in the sum of $1,000,000 which came with a Nebbia condition attached to half of the funds. This effective means Fahie must disclose the source of funds used to acquire the assets you are posting for bail.

Hodge’s affidavit document and its exhibits serve as evidence of the source of funds used to pay for the premium for the $500,000 corporate surety bond in place for Fahie.

In the 78-page document seen by BVI News, Hodge states, among other things, that he is a dual citizen of the United Kingdom and the United States and is a childhood acquaintance of the former Premier.

The businessman further stated in the document that he is divorced from former wife Marguerite Hodge since 2001 and is not now and has never been married to a Roxanne Sylvester.

Hodge, who said that he is one of four siblings, was also keen to note that he does not have a brother with the first name Alvin and stated that the surname Hodge is very common in the BVI.

In support of his affidavit, Hodge said he owns several businesses in the British and US Virgin Islands.

Among the businesses listed were Stanley’s Welcome Villas in Cane Garden Bay, Carrie’s Comfort Inn in Cane Garden Bay, the CSY Marina where his ferry boats are moored, BVI Spring Water (a water bottling and sale concern), a 30 Hertz rental car franchise, CSY Oxygen Company, and a residence in Cane Garden Bay valued at approximately $2.5 million.

Also included among his business holdings Hodge said, is Caribbean Maritime Excursions, Inc (CME).

CME is a for-profit entity owned by Road Town Fast Ferry Services Limited – a BVI holding company for CME – and is the title owner of at least six vessels for the company’s ferry services.

Hodge also said his net worth is estimated to be more than $30 million.

With the proffer now made by his legal team, a hearing is now expected to be heard by the court to determine whether the proffer will be accepted in order for Fahie to gain his pre-trial freedom.

The trial date had been listed as July 18 in a previous court filing.
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