BANK OF AMERICA RECORDS INDICATE THAT LES KHAN RECEIVED OVER THIRTEEN MILLION DOLLARS, INCLUDING TEN MILLION AS COMPENSATION, PLUS DIRECT PAYMENTS FROM GALAXY AND DUE DILIGENCE FIRM

In an extraordinary turn of events, Damian Kelsick, as attorney for MSR Media, defendant in the Saint Kitts Defamation case, filed damning information, taken from accounts showing that former Saint Kitts CIP CEO LES KHAN received a total of USD$13,403.989.16 in his Bank of America account, The funds included over $10m, amazingly paid as compensation for his position as CEO of the Saint Kitts Citizenship by Investment (CBI/CIP)program, plus $770,000 curiously paid to him, after his departure from the SKN position, by HONG KONG BAI SHENG AN LIMITED, which was owned by a Galaxy Vice President, LI MUSHENG, and $320,000 paid to Khan by Caribbean Galaxy, while he was head of the CIU Unit in St. Kitts. These figures comes from documentary evidence, a portion of which was released today, after filing in court in the court of Saint Kitts and Nevis, in a press release made by MSR Media.

These disclosures, which will most certainly rock the global CBI industry to its foundations, demonstrate that obscene amounts of what are alleged to be bribes, kickbacks, and sweetheart compensation schemes, all of which enriched Mr. Khan to an extent that will shock the people of Saint Kitts & Nevis, the sole legal beneficiaries of the CBI program. While there is much more to report, we are rushing this story into publication, so that the public learns immediately of the extent to which corruption in the SKN CBI program existed, and which is painfully evident from the Bank of America records.

While there are many questions raised by these figures, the one which immediately comes to mind is how Bank of America, which was the correspondent bank for the St.Kitts CBI program, failed to monitor such unusual transactions, failed to make timely inquiries about the circumstances of large transfers from third parties, and failed to take any action whatsoever to insure that no illegal activities were being facilitated by the bank. This and many more major questions need to be answered forthwith, in a forum other than the Saint Kitts defamation case.