Skip to main content

Antigua: Friend, or Foe, to Former Stanford Investors

FOXBusiness.com: "In the wake of jailed financier Allen Stanford's alleged fraud, questions have emerged as to the role the tiny Caribbean island of Antigua played in the scheme. Former investors allege the government benefited enormously from Stanford's enterprises, and some argue the country owes money and has seized properties that belong to alleged victims of the fraud.

Legislators in the United States are attempting to block the Antiguan government's application for a loan from the International Monetary Fund and allegations of government corruption and cover-ups run rampant among critics of the island nation.

FOX Business Network's Adam Shapiro traveled to Antigua for an exclusive interview with the Honorable Justin Simon, the Antiguan Attorney General and Minister of Legal Affairs, to discuss several issues related to the purported Stanford fraud, including the potential corruption of Antiguan government officials, as well as the hundreds of millions of dollars in Stanford assets that now rests in the hands of the Antiguan government."

Comments

Popular posts from this blog