Compulsory acquisition is one of the measures being considered by the Prime Minister, Gaston Browne, as he continues to demand that the owners of Scotiabank revisit the sale of the Antigua branch to Republic Financial Holdings Limited of Trinidad and Tobago.
His latest threat, made on Saturday on his radio station, Pointe FM, comes days before a planned meeting between him and officials from the two banking institutions.
And, it comes about a month after he threatened not to sign a vesting order, which he maintains is required to concretise the sale.
“We are using that vesting order to literally negotiate a position in which the local entities should be given a first preference. And, as I said earlier, we also have the option of compulsory acquisition if they choose to fight us,” the PM said. Read More….https://antiguaobserver.com/prime-minister-threatens-compulsory-acquisition-of-scotiabank-antigua/
Trending
- PRESS RELEASE – COVID 19 : Return of “compelling reasons” for travel to and from French West Indies
- Job Vacancy At Meridian Trust Company Limited- SENIOR FIDUCIARY & LEGAL OFFICER
- NRP calls on Federal Government to aid Nationals in devastated neighboring Islands.
- TDC Shipping Department – Change in Schedule Notice
- C43 – Miss Culture Swimwear
- Human Resource: CAREER OPPORTUNITY.
- Ministry of Social Development: Press Release.
- Sherry’s “RISE” an Afrocentric Fashion Production.
- Libra’s All White Full Moon Birthday Bashment 2016.
- I.R.D: Wheel Tax Notice.
- TRUST & FIDUCIARY SERVICES ADMINISTRATOR: Job Vacancy.
- I.R.D : Registration Renewal…
- T.D.C: Child Month
- The St.Kitts Music Festival Line Up….
- I.R.D: Property Tax..
- Development Bank marks 35th anniversary with renewed commitment
- Sherry’s Beauty World: Special…
- Brown Hill Communications…..Job Vacancy
- Sherry’s Beauty World: Special Runs for the month of April ( MASSAGES ).
- Digicel Play…D.B.H
- THE UWI OPEN CAMPUS, ST.KITTS & NEVIS.
- I.R.D: Consumer Information Notice.
- The Nevis Historical and Conservation Society: Job Vacancy.
- Morning Star Holdings Limited: Job Vacancy.
- Ministry of Health Engage in Cooperation Talks With St. Martin Medical Centre (SMMC)
- Prime Minister Terrance Drew to Lead Delegation at Global Sustainable Island Summit on Prince Edward Island
- DPM Dr Hanley And AG Wilkn To Attend Inauguration Of Taiwan’s President-Elect Lai Ching-Te
- CWI President Congratulates Hayley Matthews on ICC Women’s Player of The Month Award
- ICC Men’s T20 World Cup 2024 Warm-Up Matches Confirmed
- Remarks by Prime Minister Honourable Dr. Terrance Drew RUSVM Commencement Ceremony
- Prime Minister Terrance Drew to Lead Delegation at Global Sustainable Island Summit on Prince Edward Island
- Schools Receive Awards for Their Efforts In School Safety
- St. Kitts Shines in April 2024 with Sustainability Wins and Exciting New Announcements
- St Kitts & Nevis Weather for Saturday 18th May 2024