Antigua – Doing Business 2012 - Expropriation Update

"The Secretary of the Treasury should direct the United States Executive Directors of the International Bank for Reconstruction and Development and the International Development Association (commonly known as the "World Bank'') and the International Monetary Fund to use the voice and vote of the United States to ensure that any future loan made by the World Bank or the International Monetary Fund to the Government of Antigua and Barbuda is conditioned on providing complete redress of the matters, and satisfaction of the requirements, described under paragraph (1),"according to a recent Senate resolution.

This follows Antigua's actions in the Stanford Ponzi debacle and the country's on-going attempts to illegally deprive the US owners of their rightful compensation despite the protection of Antigua's Constitution and a Privy Council ruling.