The Government of Saint Lucia has found itself embroiled in yet another scandal. Information has emerged that a European Criminal Enterprise has been approved as a Citizenship by Investment Infrastructure Developer to do a Housing project in Rock Hall located in the Prime Minister’s constituency of Castries East.
On September 12th, 2024, the Government of Saint Lucia suspiciously backdated approval for a company called BEMAX Caribbean Inc to implement the Housing project in Rock Hall.
Aleksander Mijajlovic, who is the principal of BEMAX, was arrested and charged for reportedly being the leader of a multi-billion Euro criminal organization involved in smuggling of contraband throughout Europe. Mijajlovic posted bail and was released on April 24, 2024. EUROPOL is involved in the ongoing investigation.
Was any due diligence done before approving this project? How can we trust the processes at the Citizenship by Investment Unit when major lapses like this occur. Saint Lucia’s reputation continues to be battered under the leadership of Philip Pierre and Ernest Hilaire!
Critiquing Prime Minister Philip J Pierre’s Refusal to Sign the OECS CIP Memorandum of Agreement
The harmonization of Citizenship by Investment (CIP) programs among Organization of Eastern Caribbean States (OECS) member islands has long been heralded as a crucial step towards regional cooperation and economic advancement. However, Prime Minister Philip J Pierre’s recent refusal to sign the Memorandum of Agreement (MoA) aimed at achieving this goal has sparked controversy and drawn criticism from various quarters.…
Read more
by Content Manager