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Crypto hedge fund based in VI ordered by court to liquidate
VI CONSORTIUM
FREDERIKSTED, St Croix, USVI- Three Arrows Capital Limited, recently relocated from Singapore to the [British] Virgin Islands, was recently ordered by the Commercial Division of the Eastern Caribbean Supreme Court to liquidate, after creditors sued the cryptocurrency hedge fund for failure to repay its debts.
LIAT returns to the skies Nov 1, 2020; USVI & PR in travel routes
VI CONSORTIUM
ST JOHN’S, Antigua – The Antigua and Barbuda government says the cash-strapped regional airline, LIAT, which had been grounded since March this year as a result of the measures taken by regional countries to close their borders to prevent the spread of the coronavirus, along with the airline's own financial problems, will return to the skies on November 1, 2020.
‘It’s an injustice’- Hon Rymer on Gov’t owing vendors for many years
DUFF’S BOTTOM, Tortola, VI- It has been revealed in the House of Assembly (HoA) once again that the ousted National Democratic Party (NDP) Government found it convenient to owe local vendors for years while blindly investing millions in questionable projects, such as the BVI Airways Project.
‘I have to keep my eyes on Gov’t’ – Hon. Fraser
SEA COWS BAY, Tortola, VI – Reports given by Government in the House of Assembly on the reserve fund in the past few sittings have caused Representative for the Third District Honourable Julian Fraser, RA, to have raised eyebrow as to Government’s motives and trend of reporting.
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