During today’s sitting of Parliament, Prime Minister Philip J Pierre will do the following borrowing:
1)$10 Million US
2)$80 Million EC for the National Lotteries Authority: He did this a few weeks ago, why is he coming back with this same loan? Something is fishy!
3)$64.1 Million EC in Government bonds
4)$477.3 Million EC in bonds and treasury bills will be reissued!
This means that Philip J Pierre would have borrowed more in the first 5 months of 2024 than he did for the whole of 2023!
(In 2023 he borrowed $380 Million!)
More allegations of Corruption emerge relating to Saint Lucia’s Citizenship by Investment Programme
Saint Lucians should be deeply concerned regarding the recent revelations made by an Enhanced Due Diligence and Financial Crime Consultant about Saint Lucia’s purported violation of American sanctions on Russia. The consultant’s report accuses Saint Lucia of circumventing U.S. sanctions imposed in response to Russia’s invasion of Ukraine by continuing to process Citizenship by Investment (CBI/CIP) applications for Russian nationals,…
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by Content Manager