Dominica

Saint Lucia to sign MOA to align with four OECS CBI jurisdictions, proposes changes

Saint Lucia to sign MOA to align with four OECS CBI jurisdictions, proposes changes

In an official statement released by Saint Lucia’s Prime Minister Philip J. Pierre it has been clearly stated that the government after intricate research, has decided to sign the Memorandum of Agreement (MOA) and align its CIP Programme with the other OECS CBI countries that have already signed the MOA.

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Stricter Measures Required for Caribbean CBI Programs to Prevent Investment Mismanagement. PC: Google Image

Stricter Measures Required for Caribbean CBI Programs to Prevent Investment Mismanagement

After MSR Media’s Philippe Martinez filed a RICO lawsuit against several distinguished individuals associated with citizenship by investment industry in the Caribbean, there has been a wide conversation about the misuse of funds by some of the developers.

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