Cassidy Quizzed over Involvement in Bloodstock Deal

Monday, 12 August 2002 00:00

Jockey Jim Cassidy was today questioned by NSW TRB Stewards relative to an article which appeared in the Business Section of the Daily Telegraph newspaper, on Thursday, 27 June 2002.

The article reported that Jim Cassidy had collected a $10,000 cash cheque for bloodstock agent Mr Malcolm Ayoub from Mr Karl Suleman, which was delivered by Mr Suleman’s uncle, Mr Alex Odisho.

Written evidence was provided to the inquiry from Mr Odisho, and Mr Ayoub was questioned by teleconference.

Mr Ayoub undertook to provide the inquiry with copies of documentation which supported that the $10,000 cheque had been a commission for his business in the sale of horses and that Jim Cassidy had facilitated the receipt of that transfer of funds by meeting with Mr Odisho when he (Malcolm Ayoub) was not available due to ill health.

Jim Cassidy was advised that whilst there appeared to be no wrongdoing, under the Rules of Racing in respect of this matter, nevertheless, at all times he should be mindful of his conduct as a jockey and the perception that actions of this nature might create.

The Stewards will peruse the documentation from Mr Ayoub when it is presented next week.

PIC - Quentin Lang.

Media Release - NSW TRB