COOPERATION INVOLVING CRIMINAL ACTIVITY IN ANTIGUA AND DOMINICA, COMING FROM NEW SOURCES, FURTHER EXPOSES MONEY LAUNDERING OPERATIONS THERE

                                

As the saying goes, there's no honor among thieves. We are advised that substantial assistance, from parties providing first-hand evidence regarding criminal operations in Antigua & Dominica, is being rendered to American law enforcement agencies, coming from sources described as extremely close to the leaders of both island states. This information has reportedly been confidentially disclosed, to prevent action being taken against the sources themselves. Whether any grant of immunity, or other arrangement has been extended we cannot say, as no details have been provided.

While we cannot disclose precisely the origin of this new cooperation, please rest assured the general subject matter has been confirmed, meaning that money laundering operations, which have facilitated the transit and cleaning of the proceeds of crime, are known to be the subject matter of this evidence.

Antigua and Dominica are already painfully exposed to the probability that the Maduro and Saab Moran cases, pending in the United States, will end with cooperating defendants disclosing the prominent role that two offshore banks in Antigua, one in Dominica,,and local Antiguan indigenous financial institutions, GLOBAL BANK OF COMMERCE and CARIBBEAN UNION BANK, all played in the movement of illicit funds from Maduro's drug trafficking network. This new information simply adds to the volume of incriminating evidence available to U.S. law enforcement agencies.