If you have been following all the latest articles promoting Grenada's newest pair of CBI construction projects, you should be aware that most of them are actually sponsored by either Government or the CBI consultancies, and are not to be relied upon as being strictly factual, due to the fact that they are marketing tools, designed solely to attract CBI applicants. I am seeing at least a dozen of such websites, all of which show up early on in a Google search. Placement of these many articles was obviously quietly accomplished through payment to the webmasters; some of the stories are merely press releases for the developers which have been presented as "news' articles. ignore all such content, please.
Frankly, until and unless Grenada actually pursues its purported investigation into the missing $18m from the Grenada Sustainable Aquaculture (GSA) project, we have no grounds to know whether subsequent CBI construction projects, such as those now being actively marketed globally, can be trusted to be built out and completed.
Compliance officers who are entrusted with assessing Country Risk st their respective financial institutions should take the GSA scandal into consideration when calculating the level of risk, and they would do well, under the present circumstances, to advise bank clients that any individuals making investments in Grenada, in conjunction with a CBI passport, could lose their entire investment, due to fraud and the failure of government agencies to vet, supervise, and monitor the CBI consultancy projects.