The costs were awarded in the Bahamas Supreme Court against Mr. Donnachie and his Panama-registered company Pandon Technology on December 1, the Internet newsletter Inside Bermuda reported yesterday.

... Miami-based Inside Bermuda reported that the bank claimed that Mr. Donnachie placed a blocking device in its computer before resigning as a computer programmer, activated it after he left, thus causing the system to crash. He then demanded money to unblock it, saying Pandon owned the intellectual property.