Issa has filed an application seeking to set aside the order freezing his assets, but the hearing was put off yesterday until Monday, to allow the parties to file further affidavits.
St Ann businessman, Arthur Von Strolley, has filed suit against Issa's company, Wisdom Investments Holdings Jamaica Ltd, Issa and Sasha Harjani, secretary of Wisdom Investments, to recover damages for negligence arising from an investment.
Supreme Court Judge, Patrick Brooks, heard an application yesterday from Issa's lawyers for the freezing order to be varied and granted the application.
The order has been varied for Issa and Harjani to receive money from their assets to pay their living expenses and to transact ordinary business.
Induced to invest
Von Strolley, in the suit filed in the Supreme Court, contended that Issa induced him in June 2007 to invest US$1.9 million with Wisdom Investments.
He claims that there was an agreement that he would get four per cent interest per month on the principal.
According to Von Strolley, since February, last year, he has not received any returns on his investment. He contends further that, despite repeated demands, he has not received the principal.
Von Strolley alleges that Issa told him that some of his money was invested with Olint TCI, operated by David Smith. Strolley is charging that such an investment was done without his authorisation or instructions.
Issa has filed affidavits contending that Strolley's affidavit was riddled with lies and is seeking to have the freezing order of December 15, last year, set aside.
In court documents, Issa said he and Harjani had no personal dealings or contract with Von Strolley. He said also that Wisdom Investments Holdings Jamaica Ltd had no dealings with Von Strolley.
Issa contends that the dispute arose with respect to an investment which Von Strolley had requested Wisdom Investments Holdings, which is incorporated in the British Virgin Islands, to make on his behalf in Olint.