Antigua & Barbuda

Next  OAS to provide technical assistance to Antigua-Barbuda for public sector transformation programme Tuesday, February 9, 2010 WASHINGTON, USA --.In response to a request made by Deborah-Mae Lovell, Antigua and Barbuda’s Permanent Representative to the OAS and Ambassador to the United States of America, the OAS will provide technical assistance to Antigua and Barbuda’s Public Sector Transformation programe. read more... Stanford liquidators, receiver in talks Saturday, February 6, 2010 HOUSTON, USA (Reuters) -- A dispute over control of $370 million in assets traced to accused Ponzi schemer Allen Stanford is holding up disbursement of the funds, but the liquidators and the receiver in the case are in talks to settle the matter, liquidators for Stanford's Antigua bank said on Friday. read more... Stanford workers illegally shredded corporate files, jury told Wednesday, February 3, 2010 MIAMI, USA (Bloomberg) -- Two former Stanford Financial Group employees oversaw destruction of stacks of corporate records in defiance of a court order to preserve them after the US Securities and Exchange Commission sued company founder Allen Stanford, a federal prosecutor told a Miami jury. read more... Stanford's daughter must give up Houston condo Friday, January 29, 2010 HOUSTON, USA (Reuters) -- The daughter of indicted Texas financier Allen Stanford must move out of a $1.3 million luxury apartment in Houston by March 31, according to an agreement reached with a court-appointed receiver on Thursday. Randi Stanford had fought attempts to force her to leave the condominium. read more... Lloyd's must pay for Stanford's defence, judge says Wednesday, January 27, 2010 HOUSTON, USA (Bloomberg) -- Allen Stanford can use his companies’ Lloyd’s of London directors and officers insurance policies to pay lawyers to defend him against charges he defrauded investors of more than $7 billion, a US judge ruled. Stanford had sued to force Lloyd’s to pay his defence costs. read more... Judge okays sales of Stanford property Wednesday, January 27, 2010 LOS ANGELES, USA (Reuters) -- A US judge approved the sale of real estate owned by corporations controlled by alleged swindler Allen Stanford. Receiver Ralph Janvey, who is charged with recovering assets for Stanford investors, had asked the court to allow CB Richard Ellis to publicly auction the dozens of properties. read more... Stanford receiver's team may get $8.8 million in fees Tuesday, January 26, 2010 HOUSTON, USA (Bloomberg) -- Ralph Janvey, the court-appointed receiver for Allen Stanford’s businesses, and the firms he hired will be paid almost $8.8 million if the judge in a civil fraud case against the indicted financier approves Janvey’s agreement with federal regulators and an investor advocate. read more... Bank loses bid to end Stanford investments lawsuit Saturday, January 23, 2010 TORONTO, Canada (Bloomberg) -- Toronto-Dominion Bank, Canada’s second-biggest bank by assets, must face a lawsuit accusing it of negligence for accepting deposits for the Antigua-based bank run by alleged Ponzi scheme operator Allen Stanford. Toronto-Dominion maintained 12 accounts for Stanford International. read more... Letter: Father of the Nation, VC Bird Sr - villian or hero? Tuesday, January 19, 2010 I get a sense from the many cultural discussions around VC Bird Sr, that there is a tangle of verbal tensions, heroic moral explanations, claims of neutrality, ideals of objectivity, and diverse images and stories used to define Papa—all this is taking place as we celebrate his centennial birthday. read more... Stanford receiver says CD investors returning funds Monday, January 18, 2010 HOUSTON, USA (Reuters) -- The receiver in accused swindler Allen Stanford's fraud case said Friday he recovered nearly $2 million from certain investors who bought certificates of deposit from Stanford's offshore bank. Ralph Janvey, the court-appointed receiver, sued about 200 Stanford customers. read more... Stanford Receiver SEC ask judge to put investor suits on hold Saturday, January 16, 2010 HOUSTON, USA (Bloomberg) -- Allen Stanford’s receiver and US regulators asked a federal judge to temporarily stop all lawsuits by investors against their former financial advisers at Stanford Group Co. and other Stanford-related entities. More than 50 cases have been filed relating to Stanford CDs or the receivership.  read more... Bank wins delay in release of Stanford records Tuesday, January 12, 2010 TORONTO, Canada (Bloomberg) -- Toronto-Dominion Bank has won more time to negotiate access to transaction records with investors who claim to have lost $61 million that was to be deposited in Allen Stanford’s Stanford International Bank Ltd. Stanford faces 21 criminal charges for allegedly swindling investors. read more... Stanford clients to get back gold coins, bullion, judge rules Thursday, January 7, 2010 HOUSTON, USA (Bloomberg) -- Allen Stanford’s gold customers will regain possession of $21.2 million in coins and bullion seized 11 months ago from the company’s Houston headquarters when federal regulators raided the offices on suspicions the financier was running a $7 billion Ponzi scheme. read more... Allen Stanford appeals bail decision again Wednesday, January 6, 2010 HOUSTON, USA (Reuters) -- Allen Stanford's lawyers asked an appeals court for the second time to review a judge's decision denying the accused swindler bail. Last month, a US District Judge issued an order denying pleas from Stanford's lawyers and family that he be released from jail due to his health. read more... Commentary: Youth at-risk: adults to blame Tuesday, January 5, 2010 What is happening to our beloved Antigua and Barbuda? Elie Wiesel puts it best when he penned these words: “I have learned that whenever a community is threatened, all are affected. Whenever a single human being is humiliated, the human image is cheapened. Whenever a person suffers for whatever the reason... read more... Feds investigating Stanford ties to lawmakers Monday, December 28, 2009 MIAMI, USA (Reuters) -- US federal authorities are investigating millions of dollars contributed by fraud suspect Allen Stanford and his staff to US lawmakers in the past decade, the Miami Herald reported on Sunday. The investigation aimed to determine whether the banker received special favors from politicians. read more... Judge denies Stanford's plea for pretrial release Saturday, December 26, 2009 HOUSTON, USA (Reuters) - A federal judge has denied alleged swindler Allen Stanford's latest bid to be released from prison pending his January 2011 trial. Without comment, US District Judge David Hittner on Wednesday issued an order denying the pleas from Stanford's lawyers and family. read more... Stanford's lawyers, family seek pretrial release Thursday, December 24, 2009 HOUSTON, USA (Reuters) -- Alleged swindler Allen Stanford's lawyers and family have again asked a federal judge to order his release from prison pending trial, citing his physical and mental deterioration and inability to help prepare his defense. A US magistrate originally approved Stanford's release. read more... LIAT advisory regarding airborne ash clouds from Soufriere Hills volcano Wednesday, December 23, 2009 ST JOHN’S, Antigua – Following reports of airborne ash clouds from the Soufriere Hills Volcano in Montserrat, LIAT has advised the travelling public that, although to date no LIAT service has been affected, the volcanic ash has the potential to disrupt air travel in the Eastern Caribbean. read more... Commentary: Lessons from Rudolph the Red-Nose Reindeer Wednesday, December 23, 2009 ‘’More, more please,’ was her plea, as I tossed her high in mid-air. She laughed heartily. Even as a toddler, my sister’s daughter, Nikko Moses, sees life quite differently from most of us -- why settle for a little fun, when you can have plenty of it. While interacting after a thanksgiving service, I overheard these words... read more... Commentary: Amazing Disgrace - Part 2 Monday, December 21, 2009 My proposed solutions to the public feud between the Governor General (GG) and opposition leader, Lester Bird, in ‘Amazing Disgrace,’ evoked intriguing dialogues. Some respondents challenged my views. Others were cordial but made me laugh. Several critics recognized that the issues raised had dire consequences. read more... Commentary: Christmas then and now Monday, December 21, 2009 In this the season of advent, when the Christian community reflects on the birth of the save of the world, I can’t help but to think back to my own childhood when Christmas was celebrated. My father was one of the village butchers, during the last week leading up to Christmas Day and including Christmas Eve... read more... Insurance battle goes on as Stanford's fraud trial set for 2011 Saturday, December 19, 2009 HOUSTON, USA (Bloomberg) -- Allen Stanford’s trial on charges he led a $7 billion fraud scheme will begin in January 2011 in Houston federal court, a judge ruled. Stanford’s lawyer, Kent Schaffer, had asked U.S. District Judge David Hittner not to schedule the trial until the summer of 2011.  read more... Stanford's criminal trial to begin in January 2011 Friday, December 18, 2009 HOUSTON, USA (Reuters) -- Alleged swindler Allen Stanford will spend more than a year in custody after a US judge on Thursday set his criminal trial for January 2011, later than prosecutors had hoped.The date was a compromise between Stanford's attorney, who wanted the trial to start in summer 2011... read more... Stanford found in contempt over legal fees Thursday, December 17, 2009 HOUSTON, USA (Reuters) -- A federal judge found accused swindler Allen Stanford and his attorneys in contempt of a court order on Wednesday over their attempts to collect insurance policy proceeds to pay defense costs. No sanctions were imposed, according to the judge's order. US District Judge David Godbey in Dallas... read more... Letter: Response to Dr Isaac Newton Thursday, December 17, 2009 For some time now I have been following your articles on the Caribbean Net News, and I am still trying to figure out where you stand on the things which you are writing about because to me you are so helter-skelter and you don’t make any decision on anything for the people of Antigua and Barbuda to see and... read more... Letter: Prime Minister Spencer's apology Thursday, December 17, 2009 I was pleased that PM Baldwin Spencer recently took responsibility for the leadership mistakes of his administration. This is a good sign that the government is not intractable. There is however, legitimate fear, angst and suspicion (especially during this season of tough economic stress) that the PM‘s... read more... Commentary: School counselors are vital to our children's success Wednesday, December 16, 2009 Young people in Antigua and Barbuda need to be nurtured, guided, and coached, by exemplary leadership to become the next generation of parents, workers, leaders, and productive citizens. They desperately need support and opportunities during childhood/ adolescence, a period of rapid growth and change. read more... Commentary: Finance Minister Harold Lovell's 2010 Budget--Murky at Best Monday, December 14, 2009 Minister of finance and economy, Harold Lovell took several hours, to outline the United Progressive Party‘s (UPP) vision for repairing the economy, two weeks ago. The minister’s speech reflected political Campbell Soup, full of ABCs for the gullible. It did not tackle the major economic hurdles facing the nation. read more... Divestment program offers opportunities for Antigua-Barbuda residents Saturday, December 12, 2009 ST JOHN'S, Antigua -- A senior member of the Antigua and Barbuda Chamber of Commerce has said that the Baldwin Spencer administration’s Divestment Programme could encourage Antiguans and Barbudans to invest locally. During a consultation on Friday, a delegation of executive members... read more... Mexican government offers 'Bicentennial Scholarships' to CARICOM citizens Saturday, December 12, 2009 ST JOHN'S, Antigua -- Applications are now being accepted from suitably qualified citizens of Antigua and Barbuda and other Caribbean Community (CARICOM) member states to pursue bachelor’s degrees in Mexico. As part of its bicentennial celebrations, Mexico has approved 50 scholarships. read more... Winair denies termination of services to Antigua and Montserrat Friday, December 11, 2009 PHILIPSBURG, St Maarten -- Windward Islands Airways (Winair) has responded to what it describes as “serious, malicious, damaging and deliberately orchestrated rumours geared at discrediting the airline.” The airline, through its managing director, Edwin Hodge, said that the public should be aware of false rumours. read more... Receiver sues Stanford CD investors for $545 million Wednesday, December 9, 2009 HOUSTON, USA (Reuters) -- The receiver in accused swindler Allen Stanford's civil fraud case is suing about 200 investors for as much as $545 million they collected from certificates of deposit alleged to be at the center of a $7 billion Ponzi scheme. The investors named in the lawsuit are said to have unfairly cashed out. read more... Commentary: Too young to be named; not too young to do the time Wednesday, December 9, 2009 I was somewhat perplexed while reading the Antigua Daily Observer front page caption (December 3, 2009) “Teen Jailed on Gun, Ammo Charges.” The article indicated that the teen’s name was withheld because he was a juvenile. Yet the withholding of his name did not relax the punishment. read more... Letter: A letter to Judge Blenman Tuesday, December 8, 2009 All eyes in Antigua and Barbuda are on you and also the praise of the people are with you because they are looking for justice. The faith of the Nation is in your hands through God. The people of Antigua and Barbuda went through a long night of suffering by the administration of Baldwin Spencer. read more... Montserrat stages first-ever Volcano Half-Marathon Tuesday, December 8, 2009 BRADES, Montserrat -- Antiguan-runner Neville Nicholls can now boast of being the winner of the first ever Montserrat Volcano Half Marathon, which was held on the morning of December 5, 2009. Fourteen brave runners from Antigua, Canada, Guadeloupe, Montserrat and the UK, braved the elements. read more... Commentary: Amazing Disgrace Monday, December 7, 2009 There are raving concerns but no real consensus over the public feud between opposition leader, Lester Bird and Her Excellency, Governor General (GG), Dame Louise Lake-Tack. At present, I suspect neither Bird nor the GG would want to be buried in the same place. This negative publicity is a losing battle even a travesty. read more... Antigua hosts regional meeting on the social implications of the global economic crisis Friday, December 4, 2009 ST JOHN'S, Antigua -- A broad range of policymakers from across the region will gather in Antigua next week, for a Regional Poverty and Social Impact Analysis (PSIA) consultative meeting. The meeting will be highly participatory, and give voice to groups affected by the crisis, especially the most vulnerable. read more... US seeks names of Stanford's American clients Thursday, December 3, 2009 WASHINGTON, USA (Reuters) -- The US Justice Department asked a court on Wednesday for permission to seek the names of American clients of Texas financier Allen Stanford who may be hiding assets abroad to evade taxes. Most of Stanford's fortune came from Stanford International Bank, based in Antigua. read more... Ferry services begin between Antigua and Montserrat Wednesday, December 2, 2009 BRADES, Montserrat -- The Montserrat Ministry of Communications, Works & Labour has released the following information on the new ferry operations from Antigua, which commence on Wednesday, December 2. “Passengers wishing to use the ferry Service should contact the local Handling Agent... read more... Next

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