Tag Archives: St

Dubai firm named in St Kitts-Nevis citizenship-by-investment scandal


Jeremy Savory, Managing Partner of Savory & Partners. Questions are now being asked who exactly are the people citizenship by investment programs are helping

By Caribbean News Now contributor

BASSETERRE, St Kitts — Copies of letters, emails and other documents in the possession of Caribbean News Now reveal that Savory & Partners, a Dubai-based citizenship by investment (CBI) agent with a claimed 200-year British pedigree, has seemingly been diverting investors from the St Kitts and Nevis government’s Hurricane Relief/Sustainable Growth Funds into a real estate development.

As reported previously, a letter purportedly sent by the Citizenship by Investment Unit (CIU) of St Kitts and Nevis to a local authorised agent has been denied by both the CIU and the local agent,…

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Who Has Been Selling Royal Caribbean Cruises Ltd (NYSE:RCL) Shares? – Simply Wall St News


It is not uncommon to see companies perform well in the years after insiders buy shares.
Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares.
So we’ll take a look at whether insiders have been buying or selling shares in Royal Caribbean Cruises Ltd (NYSE:RCL).

What Is Insider Buying?

Most investors know that it is quite permissible for company leaders, such as directors of the board, to buy and sell stock on the market.
However, rules govern insider transactions, including certain disclosures.

Insider transactions are not the most important thing when it comes to long-term investing.
But equally, we would consider it foolish to ignore insider transactions altogether.
For example, a Colombia University study found…

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An adventure of islands awaits in St. Vincent and the Grenadines


St. Vincent and the Grenadines is undoubtedly one of the most beautiful places to visit in the Caribbean but my first impression of this unspoiled archipelago is the friendliness of the people.

Vincentians, or Vincies as they commonly call themselves, are truly welcoming.

From the moment I board a direct flight in Toronto to the customs and immigration lineup, in St. Vincent, conversations with locals flow easily.

“You are going to love St. Vincent,” one young woman tells me after learning this was my first visit to the country, which lies between St. Lucia to the north and Grenada to the south. It’s made up of 32 islands — nine of which are inhabited — and smaller cays like the protected Tobago Cays Marine Park, where swimming with wild turtles is a given and the…

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Open Letter to the St Lucia prime minister regarding St Jude Hospital


Hon. Prime Minister,

The matter of St Jude Hospital continues to be of grave concern not only of residents of Vieux Fort but all citizens of Saint Lucia and whereas the local news agencies have not yet reported on some of the recent happenings.., from the photographs currently in circulation in social media and the discussions they are generating, it seems as though the Works on the St Jude Hospital Reconstruction Project (SJHRP) resumed on or around 19th November 2018.

If as the photographs and discussions suggest, that in keeping with recommendations of the Interim Technical Audit Report of 2016, the Works have resumed and the Project shall now be completed, then we salute you for finally undertaking to do what is politically correct and expedient.

It is still the view of…

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Citizenship by investment fraud in St Kitts-Nevis is ‘nasty and disgraceful’, says former minister


Dwyer Astaphan

By Caribbean News Now contributor

BASSETERRE, St Kitts — As the numerous accusations being levelled at the St Kitts and Nevis (SKN) citizenship-by-investment (CBI) programme reached fever pitch this week, with evidence of malfeasance and passports being sold at fraudulent ‘rock bottom’ prices, a former national security minister said the situation “is nasty. It is ridiculous and disgraceful.”

Political and social activist Dwyer Astaphan raised the issue of CBI fraud in brutally frank terms on his weekly ‘Operating Room’ programme on WinnFM on Tuesday and accused government officials of ‘turning a blind eye’ to fraudulent developers who are ‘squeezing the blood’ out of the islands

Astaphan, who is now the chairman of the National Security…

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Former police officer charged with the murder of St. Lucian national


A 30-year-old former Dallas police officer, who shot and killed an unarmed St. Lucian national in his own apartment in September, was on Friday indicted on a murder charge.

Amber Guyger, shot and killed 26-year-old Botham Jean, after claiming that she got off the wrong floor and went to Jean’s apartment by mistake.

She was arrested on September 9, three days after the incident and according to the arrest warrant, Guyger said it was dark, she saw a figure she did not recognize and believed “she had encountered a burglar.”

The former police officer also said that the person did not follow her commands.

Jean died at the hospital and his mother, Allison Jean, a former senior public servant in St. Lucia, said her son had moved to Dallas to work at Pricewaterhouse…

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