Antigua & Barbuda

Prev    Next  PM welcomes Antigua-Barbuda's improvement on UNDP's Human Development Index Thursday, October 8, 2009 ST JOHN’S, Antigua -- The Prime Minister of Antigua and Barbuda has welcomed Antigua and Barbuda’s improvement in the rankings of the United Nations Development Programme, Human Development Index. In the UNDP’s Annual Report released on Tuesday, Antigua and Barbuda is ranked number 47. read more... Stanford's Pendergest-Holt allowed to sell waterfront property Wednesday, October 7, 2009 HOUSTON, USA (Bloomberg) -- Laura Pendergest-Holt, accused of helping R Allen Stanford swindle investors out of more than $7 billion, won court permission for her husband to sell a luxury waterfront lot and keep some of the proceeds. The Holts have been unable to pay their mortgage on the property. read more... Antigua-Barbuda benefits from e-learning training programme in Korea Wednesday, October 7, 2009 ST JOHN’S, Antigua -- Antigua-Barbuda is continuing to position itself as a front runner in the development of ICT. On this occasion, the Ministry of Information, Broadcasting, Telecommunications, Science & Technology is sending two officers to South Korea to participate in an e-learning training programme. read more... Antigua-Barbuda government, unions and port management reach agreement Tuesday, October 6, 2009 ST JOHN’S, Antigua -- At a meeting convened by Port Minister Trevor Walker on Tuesday, the Antigua and Barbuda Port Authority and both Unions representing employees governed by a Collective Agreement successfully hammered out measures to address the financial challenges currently being experienced by the Port. read more... Commentary: Debating the Syrian/Lebanese control of Antiguans and Barbudans Monday, October 5, 2009 In September, 2009, I wrote an article entitled: ‘Departing from the wisdom of VC Bird Sr, A Nation in Peril.’ With riveting honesty, it created a bone-chilling debate within Antigua and across the Caribbean. The article was a wake-up call on the complex ways that ethnicity and race intersect. read more... Stanford receiver wants $8.8 million more for fees, expenses Monday, October 5, 2009 HOUSTON, USA (Bloomberg) -- Ralph Janvey is asking for another $8.8 million in fees and expenses for his work as the court- appointed receiver for the businesses of accused Ponzi scheme mastermind Allen Stanford. Janvey won court approval last month for about $20 million in fees and expenses. read more... ECCB celebrates 26th anniversary Thursday, October 1, 2009 BASSETERRE, St Kitts -- Maintaining the stability of the EC currency is one of the Eastern Caribbean Central Bank’s main achievements as the Bank celebrates its 26th anniversary on 1 October. Governor of the ECCB, Sir K Dwight Venner says the fact that the ECCB has been kept together for 26 years and... read more... Janvey stops Stanford 'end run' to tap Lloyd's coverage in UK Wednesday, September 30, 2009 HOUSTON, USA (Bloomberg) -- Allen Stanford’s court-appointed receiver persuaded a US judge to block the accused Ponzi scheme mastermind’s bid to access insurance funds to pay his lawyers at a hearing Tuesday in London Chancery court. Janvey has been fighting Stanford’s efforts to unlock frozen assets. read more... Antigua-Barbuda Literary Festival cancelled for 2009 Wednesday, September 30, 2009 ST JOHN’S, Antigua -- Citing a lack of sufficient funding, organizers of the Antigua and Barbuda International Literary Festival announced that the Festival will not go on as planned this year. “Due to the current economic climate it has been difficult to procure the funds we need,” said Pamela Arthurton. read more... Stanford moved to federal lockup in Houston Tuesday, September 29, 2009 LOS ANGELES, USA (Reuters) -- A federal judge on Monday agreed to move accused swindler Allen Stanford to a federal lockup in downtown Houston to be closer to his attorneys, who are sifting through over 4 million documents in his case. Stanford, 59, has been housed in the Conroe, Texas jail since his arrest. read more... Commentary: Are Antiguans and Barbudans satisfied with the PM's leadership? Monday, September 28, 2009 I love listening to the whispering voice of the people through stimulating talks and critical conversations. That voice represents a tea spoon sample of the people’s mood and perception. Because of shared openness between myself and the people, and through intuitive accessing, my line of inquiry provides... read more... Stanford in hospital after jail altercation Saturday, September 26, 2009 HOUSTON, USA (Reuters) -- Allen Stanford, who is in jail awaiting trial on charges related to an alleged $7 billion fraud, was taken to a Texas hospital after a fight with another inmate, a deputy US Marshal confirmed on Friday. Stanford, 59, was injured in a fight on Thursday morning and needed medical attention. read more... Stanford's wife sues her ex-divorce lawyer for $200 million Saturday, September 26, 2009 HOUSTON, USA (Bloomberg) -- Susan Stanford, the estranged wife of accused Ponzi scheme mastermind, Allen Stanford, is suing her former divorce lawyer for failing to tell her of a verbal offer to settle her divorce for $200 million last year. Stanford is asking for “$200 million plus’’ in damages. read more... Caribbean High Commissioners foster deeper relationship with Scottish Parliament Saturday, September 26, 2009 LONDON, England -- A group of Caribbbean High Commissioners in London this week paid a visit to the Scottish Parliament at Holyrood in Edinburgh, with the aim of fostering a deeper relationship with members of the Scottish Parliament with the proposed establishment of a Cross-Party Parliamentary Group. read more... Receiver wants to sell Stanford's yacht Thursday, September 24, 2009 HOUSTON, USA (Reuters) -- The receiver in charge of Allen Stanford's assets has asked a federal judge for permission to sell the alleged swindler's luxurious 112-foot motor yacht, the Sea Eagle. Ralph Janvey, the receiver in the case, filed a motion asking US District Judge David Godbey to approve the sale of the vessel. read more... US and Antigua to inaugurate regional cyber-forensics lab Thursday, September 24, 2009 BRIDGETOWN, Barbados -- On September 25, Chargé d'Affaires Dr Brent Hardt of the US Embassy to the Eastern Caribbean and Antigua-Barbuda's Minister of National Security Dr Errol Cort will officially open a state-of-the-art cyber-forensics laboratory. The lab is a partnership between Antigua-Barbuda and the US. read more... Official welcome for Usain Bolt in Antigua and Barbuda Saturday, September 19, 2009 ST JOHN’S, Antigua -- Jamaican and world sprint record holder Usain Bolt on Friday received an official welcome to Antigua and Barbuda when he arrived at the VC Bird International Airport for a private engagement. In response Usain Bolt said that it was a pleasure for him to be in Antigua and Barbuda. read more... Stanford hits legal defence jackpot as public pays Saturday, September 19, 2009 HOUSTON, USA (Bloomberg) -- Allen Stanford, the Texas financier accused of leading a $7 billion fraud, will be defended by some of Houston’s most talented lawyers at taxpayer expense. US District Judge David Hittner in Houston assigned Stanford’s case to the local Federal Public Defender on September 15. read more... Stanford receiver appeals order blocking clawbacks Thursday, September 17, 2009 HOUSTON, USA (Bloomberg) -- The receiver for Allen Stanford’s businesses asked a US appeals court for permission to sue investors for gains they realized before a suspected $7 billion Ponzi scheme collapsed. Receiver Ralph Janvey was blocked by a court order from pursuing so-called clawbacks. read more... Judge orders public defender to take Stanford case Wednesday, September 16, 2009 HOUSTON, USA (Reuters) -- Former billionaire Allen Stanford, accused of running a $7 billion Ponzi scheme, will be represented by a public defender for now after telling a court he had no money to pay for an attorney. Michael Sokolow from the Federal Public Defender's Office in Houston will be Stanford's lead attorney. read more... Commentary: Buried alive: Betrayal of Antigua and Barbuda Monday, September 14, 2009 When shall we muster the political will, the social consciousness, and the hope, to care for, and invest in, the average Antiguan and Barbudan, who is one pay check away from oblivion? Those who look at the world with unseeing eyes, approach politics either as a vehicle to bring down the government or as an... read more... No guarantee of insurance for Stanford executives Saturday, September 12, 2009 HOUSTON, USA (Reuters) -- Lloyd's of London said a federal judge should not allocate the proceeds of a directors and officers insurance policy for accused swindler Allen Stanford and other executives because they have no guarantee of coverage, according to a court filing on Friday. read more... Antigua-Barbuda Ministry of Finance calls on newspaper to retract story Friday, September 11, 2009 ST JOHN’S, Antigua -- The Ministry of Finance, the Economy and Public Administration wishes to advise that contrary to media reports, the US$50 million in financial assistance from Venezuela has been received. The Ministry has therefore demanded that the Antigua Sun retract its front page story of September 10. read more... Stanford security director indicted in Florida Friday, September 11, 2009 WASHINGTON, USA (Reuters) -- A security director for the shuttered Stanford Financial Group, and a deputy, were indicted for their alleged role in obstructing the probe of group's alleged $7 billion fraud, court documents unsealed on Thursday showed. Thomas Raffanello was charged with three counts. read more... Judge cuts Stanford receiver fee request Friday, September 11, 2009 DALLAS, USA (Reuters) -- A federal judge in Texas on Thursday did not grant the full $27 million in fees requested by the receiver in charge of alleged swindler Allen Stanford's estate, saying more details were needed on some expenses. He said it may be paid at a later date. read more... Revealing book on disgraced billionaire Stanford published Monday, September 7, 2009 ST CROIX, USVI -- Texas billionaire and accused Ponzi scammer, Allen Stanford, is the focus of a new book written by a former Stanford executive. Sir Allen & Me: An Insider’s Look at R Allen Stanford and the Island of Antigua peers into the private and business life of the flamboyant financier. read more... Stanford investors, unlike Madoff's, get no SIPC help Saturday, September 5, 2009 HOUSTON, USA (Bloomberg) -- Peter Kaltman, a retired accountant, says he was reassured by the Securities Investor Protection Corp. logo on the stationery of the brokerage that sold him $550,000 in Stanford International Bank certificates of deposit. Under US law, SIPC repays up to $500,000 in custodial losses. read more... Antigua explains reason for confiscating Guyanese children's passports Saturday, September 5, 2009 GEORGETOWN, Guyana -- The Antigua and Barbuda government has offered an explanation behind its move to holding on to the passports of non-national minors traveling there. Guyana’s Foreign Affairs Minister, Carolyn Rodrigues-Birkett said on Wednesday that she received three reports of authorities... read more... Guyanese children's passports being seized by Antiguan authorities, says foreign minister Thursday, September 3, 2009 GEORGETOWN, Guyana -- Guyana’s Foreign Affairs Minister, Carolyn Rodrigues–Birkett said there were reports of Antiguan authorities seizing the passports of Guyanese children traveling with their parents to the Caribbean island. Rodrigues-Birkett, during an interview with the state-owned National... read more... Stanford receiver defends fees after SEC, investors protest Thursday, September 3, 2009 HOUSTON, USA (Bloomberg) -- Ralph Janvey, the court-appointed receiver for Allen Stanford’s businesses, defended his request for $27.5 million in fees after the US Securities and Exchange Commission said he was using too much of the estate. Janvey was appointed in February. read more... Vegas casino sues Stanford over big gambling debt Thursday, September 3, 2009 HOUSTON, USA (Reuters) -- A swanky casino on the Las Vegas strip is suing accused swindler Allen Stanford for repayment of a gambling debt of more than a quarter million dollars, according to court papers. Bellagio LLC seeks to recover the $258,480 debt Stanford accrued in January 2009. read more... Antigua Barbuda defamation lawsuit partly settled by mediation Thursday, September 3, 2009 ST JOHN’S, Antigua -- Following the recommendation for mediation by the Master of the Court involving a suit in which Leader of the Antigua Labour Party, Lester Bird, and Chairman and Deputy Leader of the party, Gaston Browne, filed a writ against Prime Minister Baldwin Spencer claiming defamation... read more... Antigua names new regulator after Stanford scandal Wednesday, September 2, 2009 MIAMI, USA (Reuters) -- Antigua and Barbuda has appointed an experienced banker to head the tiny Caribbean nation's financial regulatory body, replacing Leroy King, who faces US charges of abetting accused swindler Allen Stanford. US prosecutors say King received regular bribes from Stanford. read more... Stanford back in jail with leg aneurysm Wednesday, September 2, 2009 HOUSTON, USA (Reuters) -- Accused swindler Allen Stanford is back to a federal detention center after doctors diagnosed an aneurysm in his left leg that is not life-threatening, his lawyer's office said on Tuesday. Stanford, 59, was taken to the hospital on Thursday after experiencing a racing pulse. read more... Stanford to undergo heart tests, says lawyer Tuesday, September 1, 2009 HOUSTON, USA (Reuters) -- Allen Stanford, the Texas financier accused of a $7 billion fraud, is still hospitalized and will undergo tests to determine if there is blockage of veins or arteries in his heart, his lawyer's office, said on Monday. Stanford, 59, was hospitalized in Conroe, Texas with a racing pulse on Thursday. read more... Stanford investors accuse lawyer, law firm of aiding fraud Monday, August 31, 2009 CHICAGO, USA (Bloomberg) -- Three people who say they invested with Allen Stanford, the Texas financier accused of running a $7 billion fraud, have sued New York law firm Proskauer Rose LLP and attorney Thomas Sjoblom, accusing them of aiding the deception. The investors claim that the firm... read more... Stanford remains hospitalized after pulse hits 300 before court Saturday, August 29, 2009 HOUSTON, USA (Bloomberg) -- Allen Stanford, who was rushed to the hospital with an elevated pulse shortly before he was to appear in court on Thursday, must remain hospitalized several days for observation, his lawyer said. Stanford was transported by ambulance after he registered a pulse rate of 300. read more... Antigua's business is your business and my business, says St Vincent PM Friday, August 28, 2009 KINGSTOWN, St Vincent and the Grenadines -- A call has been made by Prime Minster of St Vincent and the Grenadines Dr Ralph Gonsalves for the Caribbean to support Antigua and Barbuda as it experiences a phenomenal decline in its economy. Dr Gonsalves made this plea to the region. read more... Plea deal signals more charges in Stanford case Friday, August 28, 2009 HOUSTON, USA (Reuters) -- A plea agreement signed by Allen Stanford's former top aide signals that more people in the wide-ranging $7 billion fraud case may face charges, a lawyer involved in the case said on Thursday. "Read the plea agreement language very, very carefully," lawyer David Finn said. read more... Stanford's private-equity stakes to be sold over his objection Friday, August 28, 2009 HOUSTON, USA (Bloomberg) -- Allen Stanford’s investments in an Israeli development fund and a luxury Houston hotel can be sold immediately, over objections from the financier that he hasn’t been convicted of any wrongdoing, a federal judge ruled. Court-appointed receiver Ralph Janvey won approval to sell... read more... Prev    Next

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