Western Union suspends operations in Antigua-Barbuda

Thursday,  January 12, 2006

ST JOHN'S, Antigua: The leading global money transfer agency, Western Union, has reportedly suspended its operations in Antigua and Barbuda with effect from late Wednesday 4th January 2006.

Having been made aware of the apparent suspension, Government officials, led by the Ministry of Finance and Economy, have engaged representatives of British American Insurance Company Ltd., the franchise holder of Western Union in Antigua, in a series of meetings in an effort to verify and ascertain the reasons for the suspension of Western Union’s operations in Antigua and Barbuda.

Following these meetings and at the request of the government, Western Union’s Regional Manager Ms. Hazel Beckles, on Wednesday provided official notification to the Ministry of Finance and Economy confirming the temporary suspension of Western Union operations in Antigua and Barbuda.

She apologized for the delay in bringing the matter to the Government’s attention but assured that individual customers are being informed.

Ms Beckles also advised in her official communication to the government that the temporary suspension was due to the carrying out of a compliance audit by Western Union’s Head Office. It is anticipated that this audit will be completed by Thursday, 12 January 2006.

Having regard to the importance of the services provided by Western Union in Antigua and Barbuda, the government says it is hopeful that Western Union will resume normal operations next week.

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