“Stanford’s business is headquartered on the Caribbean island of Antigua. In the last decade, Stanford and his companies have spent more than $7 million on lobbyists and (US) campaign contributions in efforts to loosen regulation of offshore banks. Among the top recipients: Senator Bill Nelson (D-Fla.), Congressman Pete Sessions (R-Texas), Sen. John McCain (R-Ariz.), Senator Chris Dodd (D-Conn.) and Senator John Cornyn (R-Texas), one of the members who took a trip to Antigua where he was entertained by Stanford.”
Stanford On The Run From Police
SIR Allen Stanford won’t be attending many public cricket matches for the next little while because news reports are coming in that the once-billionaire high-flying “banker” who practically owned the country of Antigua is on the run from police.
Stanford Spent Millions Lobbying Politicians!
American politicians are required to report donations and gifts, but the same is not the case with Barbadian politicians and other government officials. How much did Stanford donate to Prime Minister David Thompson’s campaign? How much to the Barbados Labour Party?
Keep guessing my friends – because David Thompson lied about the Ministerial code of ethics he said he would implement “immediately upon forming a government.”
The scandal of no oversight into offshore banking does not begin or end with the present case involving Sir Allen Stanford: the wild west Caribbean atmosphere with few rules and even less oversight is directly attributable to the our politicians throughout the region who resist any efforts for Integrity, Transparency and Accountability Legislation (ITAL). Like the current liar in chief, Prime Minister David Thompson, they all have promised ITAL and then forget all about it when elected.
Prime Minister Thompson: How much money did you or your party receive from Sir Allen Stanford or his companies in the last two years?
Stanford Banks Were Favourites With Colombians!
News stories are also reporting that many of Sir Allen’s customers are from Colombia and other South and Central American countries – and while they don’t say that the customers are rough looking men who always travel with eight or ten rougher looking bodyguards, you can bet that Sir Allen had a few such clients.
Or maybe more than a few. Current and past allegations include drug money-laundering by Stanford’s companies.
Nope, upon consideration we reflect that perhaps Sir Allen’s main concern is not being arrested or even going to jail. His concern is that the jail is filled with friends and employees of some of his rougher clients.
All we can say about this story about another crooked financial wizard is… Who’s next?