CANADIAN fashion mogul Peter Nygard has been found guilty of contempt of court by Justice Rhonda Bain and fined $50,000 for breach of the Supreme Court's order concerning illegal dredging near his property in Lyford Cay.

On Tuesday afternoon, Nygard was given until March 21 to pay the fine or he will spend 14 days at the Department of Correctional Services, Fox Hill...

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