Four international businesses yesterday found out the hard way that Barbados’ reputation will not be compromised.
Their licences were revoked after being found guilty of engaging in money laundering and corrupt practices.
This was revealed by Minister of International Business Donville Inniss, who told the SATURDAY SUN he had immediately acted on information received Thursday.
“It has been drawn to the attention of my ministry that there are four licenced international business companies, for whom the beneficial owners have been found guilty of corrupt practices, money laundering and other illicit activities in other jurisdictions, namely, the United States of America. (RB)
Please read the full story in today’s Saturday Sun, or in the eNATION edition.