Thursday, March 28, 2024

Barbados wants share of assets

Date:

Share post:

HAVING PLAYED ITS part in helping convict two money launderers in the United States, the Government of Barbados is seeking a share of the financial pie.

Director of Public Prosecutions, Charles Leacock QC told the SUNDAY SUN his department would soon be making an official application to the US Government to recoup just under $500 000, part of which is contained in a local bank account which was frozen when the court case against Robert Bandfield and Gregg Mulholland started last year.

The DPP also believes Barbados’ participation in the investigation and the subsequent conviction will go a long way in making the island a leader in transparency in the Eastern Caribbean, as well as improve its standing as a clean international business jurisdiction.

“We will be asking for a substantial amount of the money which is in the account in Barbados,” the DPP said.  (BA)

 

Please read the full story in today’s Sunday Sun, or in the eNATION edition.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

BDF to conduct simulation exercise on April 2 & 3

The Barbados Defence Force (BDF) will conduct a Mass Casualty Simulation Exercise from Tuesday, April 2, to Wednesday,...

Barbadians reminded to file taxes online as filing season starts

The Barbados Revenue Authority (the BRA) is advising that tax filing season for 2023 begins on April 1 this...

Minister Abrahams’ statement on Ismail Patel’s passing

Below is the full statement by Minister of Home Affairs and Information, Wilfred Abrahams: I was saddened to...

Water bills for March to include February charges

A few weeks ago, the Barbados Water Authority (BWA) informed customers in parts of Christ Church and St....