Antigua: time that the developed nations

Posted on February 19 2009

Shockwaves from Sir Allen Stanford's alleged $8bn fraud have begun to spread around the world but it is the tiny island of Antigua that is at the epicentre of the quake.

Stanford is Antigua's biggest employer.

There will be real hardship as a result of his fraud.

Now if the time for developed countries to show to secrecy jurisdictions that there is life after this pernicious activity: that aid will be given to help them redevelop their economies and that there are alternatives.

We must grab this opportunity to show that these places will not be left out in the cold when the suppliers of corruption services (of many types and names) depart their shores, as they inevitably will.

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