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MONDAY, NOVEMBER 23, 2009
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Vijay Offered $500K for Bail of Pal Stanford

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(Newser) – Vijay Singh is sticking by embattled buddy and alleged swindler R. Allen Stanford. The star golfer, who's been sporting the Stanford Companies logo even though he no longer gets paid to do so, offered to put up $500,000 of the billionaire’s bail, reports CNBC. He was denied the honor because he is not a US citizen.

“Vijay's opinion is that Stanford has yet to be proven guilty and until then has chosen to act supportively,” a rep for the golfer said. Even without Singh’s help, Stanford managed to scrape up some cash for a $2 million bond and a $100,000 deposit, though a Houston judge today stayed his release until at least Monday after prosecutors filed a motion that Stanford might flee, the Chronicle adds.

Stanford in court yesterday.
Stanford in court yesterday.   (AP Photo)
Vijay Singh.
Vijay Singh.   (AP Photo)
Vijay Singh, of Fiji, holds the trophy after winning the Fed Ex Cup.
Vijay Singh, of Fiji, holds the trophy after winning the Fed Ex Cup.   (AP Photo)
Billionaire R. Allen Stanford is escorted into the federal courthouse in Houston yesterday.
Billionaire R. Allen Stanford is escorted into the federal courthouse in Houston yesterday.   (AP Photo)
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SPH
Jun 27, 09 7:45 PM CDT
If this guy is released on bail he will certainly not show up for his trial..... Reply
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