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Antigua PM fears Stanford probe will hurt island

Reuters: "ST. JOHN'S (Reuters) - Prime Minister Baldwin Spencer said on Sunday he fears the investigations into Texas billionaire Allen Stanford's banking businesses in Antigua and Barbuda will cost the Caribbean nation jobs and damage its image.

'It is out there now that things may not be as rosy as they ought to have been with the Stanford empire and obviously for the government and people of Antigua and Barbuda it would be an area of concern because he has a reasonable amount of investment in the country,' Spencer told Reuters."

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