The Editor Speaks: Bush touts San Miguel Corporation of the Philippines but I see only red flags
In a news release last week it has been reported that our premier, McKeeva Bush, is touting Southeast Asia’s largest publicly listed food, beverage, and packaging company San Miguel Corporation (SMC) of the Philippines for business opportunities. Mr. Bush met…
Cayman Islands Stock Exchange :
BRIT GROUP FINANCE : BRIT GROUP COMPLETES THE DIVESTMENT OF ITS LEGACY PORTFOLIO OF UK INSURANCE BUSINESS TO RIVERSTONE HOLDINGS 10/15/2012| 03:37pm US/Eastern Brit Group today announces that, following receipt of all regulatory approvals, it has completed the divestment of…
UPDATE: Deadly road accident on Esterley Tibbetts Highway
UPDATE: 12:31pm Oct. 17th, 2012 The woman who died following a road crash on Esterley Tibbetts Highway yesterday morning (Tuesday, 16 October) can now be named as Beverley Elaine Ramsay, aged 59, of Bodden Town. The driver of the…
Anti-corruption Commission “Focus” newsletter
On 3rd July, 2012, David Baines, Commissioner of Royal Cayman Islands Police Service, and as Chairman of the Anti-Corruption Commission (ACC), issued a Memo (see attached) to all Public Officials informing them of an ACC newsletter called “Focus”. The Memo…
Uncovering red flags in international finance
By David Marchant OffshoreAlert’s recent articles about the offshore-domiciled Axiom Legal Financing Fund demonstrate the importance of financial due diligence. By knowing where to look for information and how to interpret it properly, OffshoreAlert produced two substantial articles about red…
Cayman Island’s SWROs constantly evolving
From GWI Desalination One hundred percent of Grand Cayman Island’s public water supply is provided by seawater desalination produced at one of seven SWRO plants on the 22-mile long island. All of the plants were constructed and are operated by…
Can the world keep its promises on schools?
By Sean Coughlan BBC News education correspondent The millennium pledge made by international leaders that all children would have a primary education by 2015 is going to be “missed by a large margin”. That’s the stark conclusion of a report…
Call for volunteers – Cayman Islands Triathlon – Nov 4th 2012
From Emma, cml I am sure some of us associate this time of year as a time to dust off our Halloween outfits or prepare for Pirates week festivities. Some of us are simply counting down the weeks until Christmas…but beneath…
Axiom Legal Financing Fund appoints KPMG to investigate red flags raised by OffshoreAlert
In a letter to Investors from Cayman Islands-domiciled Axiom Legal Financing Fund they have announced they have retained KPMG to investigate red flags concerning the Fund that were uncovered by OffshoreAlert Investors were informed of the development in a letter…
