WHERE ARE THE RESULTS OF THE GRENADA INVESTIGATION OF HENG SHENG?

We are coming up on two months since the IMA of Grenada advised that it had initiated an investigation into "Owner Financing, Under-Selling or Discounting" by the Chinese-owned consultancy, HENG SHENG GROUP, as promised in the March 18, 2025 Notice captioned 'Further actions related to Owner Financing and Illegal Discounting," but there hasn't been any information released to the public, nor have any government officials made any statements, or submitted to a press conference, so that prospective applicants, as well as investors, can be updated on the status.

Given that the issues are of great public importance, not only to Grenada, but to all the other Eastern Caribbean CBI & CIP states, we believe that IMA Grenada has an affirmative duty to keep all interested parties informed of its progress, or lack thereof. There was a great deal of publicity surrounding the March 18th letter, but since that date, we are seeing an information blackout on the results, if any, to date of the ongoing investigation. How is the investigation progressing? Who have been identified as the principal bad actors at Heng Sheng? Has the Director of Public Prosecutions been notified? We need answers.