Who Owns MEDITECH? MP's Trustee Role Tests Jamaica's Ownership Disclosure Law
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The revelation that Kingston Central Member of Parliament Donovan Williams is the trustee shareholder of 40,000 of Medical Technologies (MEDITECH) Ltd.’s 50,000 issued shares has raised questions over the real ownership of the company, which is at the center of a $31.5 million (US$200,151) neurosurgical drill controversy.
The revelation came to light at a May 20 press conference by Opposition Spokesperson on Health Dr. Alfred Dawes, who accused the firm of overcharging the Jamaican government for the drill made by U.S. manufacturer Medtronic — a claim over which he is now being sued.
Williams subsequently issued a statement claiming he was only “trustee” of the shares in his other capacity as an attorney and doesn’t share in the company’s profits. He said that following the resolution of a shareholder dispute in 2022, arrangements were made to facilitate transfer of the shares to the real owner - who he didn’t name - though as of July 7, 2025, he is still listed as the shareholder. The other two shareholders owning 5,000 shares each from the company’s inception in 2007 are Athol Hamilton and Trudy-Ann Ricketts, who are also listed as the company’s directors. Neither Hamilton, Ricketts, nor Williams would answer questions about the company.
2016 MEDITECH shareholder dispute
In a 2016 lawsuit filed against MEDITECH and Williams in Jamaican court, previously-listed shareholder Winfield Boban, an American, claimed he had given Williams the 40,000 shares in 2009 to hold in trust.
