Caribbean-based lawyer pleads guilty in laundering sting [Cayman Islands]
By David Voreacos From Bloomberg A Caribbean-based lawyer charged in a sting operation pleaded guilty to helping launder what he was told were proceeds of a bank fraud designed to hide $2 million from U.S. tax officials, according to the…
Mass production tissue factory opens in TCI
By Vivian Tyson, Senior SUN Editor • From Turks & Caicos Sun Believe it or not, the Turks and Caicos Islands now has a tissue, hand towel and napkins manufacturing plant, and the product seems to match or even surpass some…
Grid-tied solar project In Turks & Caicos a testbed for Caribbean renewable energy development
By Michael Puttre From Solar Industry Turks and Caicos-based Fortis TCI Ltd., owner of the islands’ electric utility, recently installed a 35.25 kW solar photovoltaic system on the company’s headquarters in Providenciales. The pilot project could serve as a model…
St. Lucia tourism minister among Caribbean tourism ministers heaping praise on Sandals
Ministers of Tourism from across the Caribbean are heaping praise on Sandals and Beaches Resorts as the Jamaican owned hotel chain continues to invest heavily in the region. The tributes came as the company unveiled yet another significant expansion project…
iNews Briefs
Cayman Islands Appeal’s Court Judge retires Appeals Court Judge, Sir Anthony Campbell, has retired after four years’ service on the Cayman Islands Court of Appeal. Sir Anthony had a distinguished career at the public Bar of Northern Ireland and was…
Liquidator comments on 4mil claim against Ashcroft Company
Chris Johnson, the court appointed liquidator of Hadsphaltic on being interviewed said this could be good news for Hadsphaltic because Johnston owes the company a lot of money. He could not be drawn into saying how much of the Hadshpaltic…
First ‘protected cell companies’ formed in Turks and Caicos
By Fernando Mendes From Falki Aviation.com PROVIDENCIALES, Turks and Caicos Islands — The Financial Services Commission in the Turks and Caicos Islands (TCI) has announced the successful formation of two protected cell companies (PCCs). This is the first time since…
[Cayman] Caribbean-based advisers charged in money-laundering sting
By David Voreacos and Tom Schoenberg From Bloomberg Three Caribbean-based men who helped Americans hide assets from U.S. tax authorities were charged in a sting operation with laundering what they were told was dirty money. The U.S. indicted Eric St-Cyr,…
Call to lift medical tourism
By Julia Medew From Brisbane Times Lord Mayor supports medical tourism bid Wealthy medical tourists would “absolutely” help Melbourne, agrees Robert Doyle, but he says the system should not impact on Victorians seeking treatment at the new Comprehensive Cancer Centre….
2013 good for Rubis
Strategy & Business Development Manager, Rubis Caribbean, Stewart Gill, says the rebranding of the retail network late last year has had a very positive effect on business locally. He was speaking to the media recently, where he revealed that within…
