The US$1.4 Billion of Saint Lucia’s CIP funds which remains unaccounted for, can go a long way in helping to address many of the issues and challenges which plague citizens of this country.
The issues at OKEU Hospital, the high cost of living, the shortage of medication at our health centres and hospitals, the deteriorating infrastructure across the country and the out of control crime situation are just a few examples of areas where this money could be used to make life better for citizens.
Instead of focusing on recovering the missing money and solving these problems, Minister Ernest Hilaire and his cabinet colleagues prefer to spread propaganda while continuing to enable the ongoing Citizenship by Investment scandal.
These are the facts!
-Under the UWP, Galaxy was allocated 700 citizenships under the Real Estate option. When the SLP assumed office they increased the number to 6,000!
-In 2022, Ernest Hilaire and the SLP reduced the CIP Real Estate investment price from US$300,000 to US$200,000. They still have not told you why!
-The CIP Escrow account was setup in China because none of the local banks were willing to manage the risk associated with these funds. Ernest Hilaire confirmed in his address to the nation that when he assumed office all of the money was accounted for in the account.
-CEO of Caribbean Galaxy Mr. Les Khan was asked to resign by the new Government of St Kitts when they assumed office in 2022 due to numerous allegations of corruption. There are concerns that Mr. Khan has allegedly brought some of these same corrupt practices to Saint Lucia.
-Hon. Allen Chastanet only learnt who Mr. Philippe Martinez was when the RICO lawsuit was filed.
-The Chinese Due Diligence firm which Ernest Hilaire is referring to is not the same company which was used under the UWP administration.
-DSH was never given 9,000 citizenships. NO CIP funds were used to build the Horse racing track.
-Contrary to SLP propaganda, DSH was never given 1000 acres. 300 acres of land was leased to DSH for the Horse Racing track with the balance being sold to the at US$60,000 per acre.
Government of Saint Lucia refuses to reveal cost of Sports Facilities Renovation for World Cup Cricket
This Philip J Pierre led administration continues to spend taxpayer funds with very little to no transparency. For the last 4 months, tens of millions of taxpayer dollars have been spent to get 3 sporting facilities ready for World Cup Cricket. All contracts have been given without tendering and the Government refuses to say who has those contracts and how…
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by Content Manager