PPM Candidate Craig Frederick Faces CI$132K Lawsuit Days Before Cayman Elections
George Town, Cayman Islands – Craig “Festa” Frederick, the People’s Progressive Movement candidate for George Town South in the upcoming Cayman Islands General Elections, is facing a lawsuit for more than CI$132,000, stemming from long-outstanding rental debts.
Craig Frederick, People’s Progressive Movement (PPM) Candidate – Cayman IslandsThe claim, filed in the Grand Court on April 17, 2025, by Associated Industries Ltd., trading as AI Rentals, alleges that Frederick failed to pay for event rental services provided between 2018 and 2020. Court documents detail that Frederick entered into multiple rental agreements for equipment used at events such as “AfterMas,” “Swanky Sound Truck,” and “Swanky Launch 2020,” accruing principal charges totaling CI$58,724.75 (Cayman Island dollars).
Under the terms of the rental contracts, payments were due within ten days, with overdue balances incurring a 24% annual interest rate. According to the writ (Cause G2025 – 0114), Frederick’s continued non-payment has resulted in an additional CI$73,993.50 in interest as of April 16, 2025, bringing the total amount sought by AI Rentals to CI$132,718.25.
The lawsuit further states that Frederick acknowledged the debt in writing in July 2022 but has since made no payments despite repeated demands. The plaintiff is also seeking recovery of legal fees, court costs, and administrative expenses under the contract’s collection provisions.
The prospective lawmaker has yet to file a formal defense. He told local newspapers “It would be inappropriate for me to comment at this stage. I will instruct attorneys to represent my interests before the Courts.”
The Progressive’s party has not issued any public statement regarding the lawsuit.
The filing comes just days before the Cayman Islands heads to the polls on April 30 and has drawn increased scrutiny over Frederick’s candidacy and raised broader concerns about the vetting process for political hopefuls.
The writ warned that unless Frederick responded within 14 days of service, a judgment may be entered against him without further notice.
