Tag: Sovereign Wealth Fund

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Commentary March 12, 2025 0Comments Content Manager

A Troubling Choice for Saint Lucia’s Sovereign Wealth Fund

Prime Minister Philip J. Pierre’s recent revelation that Anse la Raye/Canaries MP Wayne Girard is the architect of Saint Lucia’s Sovereign Wealth Fund (SWF) should alarm every right-thinking citizen. Entrusting the management of our nation’s wealth to Girard raises serious concerns, given his past association with Freedom Bay, a failed hotel development project in Soufriere that reportedly defrauded British pensioners…

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Corruption Philip J Pierre Sell Out Sovereign Wealth Fund

Commentary March 5, 2025 0Comments Content Manager

A Sovereign Sellout! Concerns Rise Over Government’s New Wealth Fund Proposal

The government led by Philip J. Pierre is poised to introduce a controversial Sovereign Wealth Fund that will give unprecedented control of the nation’s most valuable assets to foreign interests, sparking serious concerns about national sovereignty and economic security. Under the proposed fund, all government-owned assets, including crown lands, airports and government buildings, would be vested into this fund. While…

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