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Former Haiti Pension Head Arrested

CARIBWORLDNEWS, PORT-AU-PRINCE, Haiti, Mon. Mar. 23, 2009: The former head of Haiti`s national pension fund has been arrested and jailed on money laundering charges. Radio Kiskeya was arrested at home Thursday and taken in handcuffs to Port-au-Prince’s National Penitentiary, Le Nouvelliste newspaper said. However, so far no court date has been set and prosecutors are not saying how much money ...

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Canadian Woman Mugged In Barbados Dies From Wounds

CaribWorldNews, TORONTO, Canada, Thurs. Mar. 19, 2009: A 60-year-old Canadian woman who was badly beaten during a mugging on a Barbados beach on Feb. 28 is now dead. Terry Schwarzfeld died Wednesday morning at Ottawa Civic Hospital where she was being treated for brain injuries sustained from the mugging. Schwarzfeld had recently been named president of the Canadian chapter of ...

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Turks & Caicos: `Modern Day Colonialism` Says Misick Of Brits Plan

CaribWorldNews, PROVIDENCIALES, Turks and Caicos, Weds. Mar. 18, 2009: Turks & Caicos Premier Michael Misick is lashing out at Britain over its plans to kick out the current island government following corruption findings. Misick called the plan `modern day colonialism` and has called on the Caribbean Community and a number of other international agencies to intervene. `This step by the ...

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Dominica PM Wants Review Of The ‘Stop Tax Haven Abuse’ Bill

CaribWorldNews, ROSEAU, Dominica, Weds. Mar. 18, 2009: Dominica`s Prime Minister, Roosevelt Skerrit, says he is among a group of CARICOM leaders hoping for a review of the ‘Stop Tax Haven Abuse’ bill. Skerritt says a sub-committee of heads of Governments of the Caribbean Community has been set up to engage United States Congress members to take another look at the ...

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CARICOM Speaks Out On CL, Stanford

CaribWorldNews, BASSETERRE, St. Kitts, Weds. Mar. 18, 2009: Caribbean leaders are of the view that the recent financial problems posed by two companies in the region may have significant implications for policy-holders, depositors and investors.  In a statement issued at the just concluded 12th Inter-Sessional in Belmopan, Belize, the heads of government noted the Caribbean financial sector is generally considered ...

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Guyana`s Roger Khan Cuts Deal With Prosecutors

CaribWorldNews, NEW YORK, NY, Weds. Mar. 18, 2009: A Guyanese-born self-confessed drug dealer could spend the next 15 years in jail after admitting to cocaine trafficking, weapons charges and witness tampering. But it’s a far cry from the sentence Shaheed Roger Khan could have obtained had he gone to trial. Instead, in a major twist of events this week, Khan ...

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Stanford Owes IRS Millions

CaribWorldNews, NEW YORK, NY, Tues. Mar. 17, 2009: Seems the former billionaire known as Sir Allen Stanford did not think he had to pay U.S. taxes. The Internal Revenue Service claims the alleged swindler owes them at least $226.6 million in back taxes. The agency has filed a motion in the U.S. District Court in Dallas claiming Stanford and his ...

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Stanford Victims Creates International Coalition

CaribWorldNews, NEW YORK, NY, Tues. Mar. 17, 2009: Investors of the now seized Stanford Financial Group are uniting to fight for the recovery of billions of dollars. A group calling themselves the Stanford Victims Coalition, has been formed, according to a press statement sent Monday to CWNN. The group, which describes itself as an `international group of Stanford Financial Group ...

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Caribbean Sees Drop In Remittances

CaribWorldNews, WASHINGTON, D.C., Tues. Mar. 17, 2009: Remittances to the Caribbean dropped by over five percent in the last three months of 2008, Inter-American Development Bank data showed Monday. A 2008 graph of remittance flows unveiled yesterday showed money transfers to the region turned negative in the last quarter of 2008 by almost six percent, a trend that was also ...

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Guyana President Swears In New Election Commish. Member

CaribWorldNews, GEORGETOWN, Guyana, Weds. Mar. 18, 2009: Guyana President Bharrat Jagdeo has sworn in a new member of the Guyana Elections Commission. Charles Corbin was sworn in to the post Tuesday. Corbin possesses a Sociology Degree and a Masters in Organization Psychology, and has been practicing in organizational development. Corbin was a nominee to the Technical Monitoring Panel which represented ...

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