St. Kitts & Nevis

How Much is Shrouded in Secrecy?

The Citizenship By Investment Programme (CBI) of St. Kitts and Nevis seems shrouded in a troubling combination of secrecy, a lack of transparency and financial accountability.

The existing reporting by the government itself indicates the Commonwealth nation relies on its CBI programme for a large portion of its total revenue. Based on the Auditor General’s report of 2020, as much as 40% of the country’s revenue is derived from the CBI programme.


The Caribbean’s Pandemic Pyramids and Ponzis

Even as Caribbean authorities wrestle with the challenges of the COVID-19 pandemic, legislators have been scrambling to formulate appropriate responses to an accompanying growth in unlawful pyramid and Ponzi schemes marketed as financial solutions to the impact of restrictive pandemic measures.