Home / News Updates / GOV’T DEFENDS CIP AMID US STATE DEPARTMENT REPORT
Minister in the Ministry of Finance Dr. Ubaldus Raymond

GOV’T DEFENDS CIP AMID US STATE DEPARTMENT REPORT

The Allen Chastanet Administration has defended due diligence procedures for Saint Lucia’s Citizenship by Investment program, despite a United States caution over a lack of autonomy from the political directorate. Security Minister Hermangild Francis says U.S authorities lauded local due diligence methods during a visit in March.

Acknowledging the potential fallout from the us report, Minister in the Ministry of Finance Dr. Ubaldus Raymond says the government welcomes the scrutiny.

Check Also

PM AND OPPOSITION LEADER BACK RECOVER SAINT LUCIA LAUNCH

Private sector agencies and business leaders have Launched a special national initiative aimed at speeding …

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.