St Kitts and Nevis investigating ‘large sum’ of money coming from Iraq – Prime minister Douglas!! JULY 11, 2014 BASSETERRE, St Kitts, Friday July 11, 2014. Prime Minister Dr. Denzil Douglas has confirmed that investigations have started as to how USD$1.5 million had found its way into an account in bank here, even though the money had been returned to the source of origin in Iraq. Dr. Douglas, who is also Minister of Finance, said he had become aware that “a large sum of money arrived in the Federation from Iraq for the purpose of purchasing lands in Nevis owned by the Nevis Island Administration, CCM led (NIA). “I am aware that the banking system in St. Kitts in particular refused to accept the money and refused to lodge the money into the account of (Octagon Consultants Limited) that is owned by (Vance W Amory and his wife Verni Amory) He said that that even though the USD$1.5 million was returned to the place of origin (Iraq)“ we have been further informed that what appears to be the very same money – but with an INCREASED amount to it. The USD$1.5 million – then appeared in the banking system again this time in Nevis and in fact entered into a personal account of persons who were deemed to be ordinary persons who may not have had good reason to have such large sums of money deposited in their account”. “I understand that some action has been taken by the management of the bank with regard to the staff (Lorna Hunkins and Denise Walters) that might have been involved,” Dr. Douglas said without elaborating.
Posted on: Sat, 12 Jul 2014 16:23:58 +0000
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