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!
Corruption plagues Saint Lucia’s Citizenship by Investment Programme
During the UWP’s 5 year term between 2016 and 2021 a total of 871 Citizenships were sold. In contrast, the SLP has sold over 14,000 Saint Lucian citizenships in their first 3 years! This means that US$1.4 Billion or EC$3.7 Billion is now unaccounted for under Minister Ernest Hilaire and Prime Minister Philip J Pierre. Where is the money? This…
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by Content Manager