AGP Executive Report
Last update: 4 hours agoMoney Laundering Case: The RSCNPF has charged three St. Kitts residents—Paul Bilzerian, Terri Steffen and Gregory Gilpin-Payne—in an alleged scheme involving fraud and laundering of about US$50 million, with alleged offences spanning Nov. 2018 to July 2024; charges were laid June 18 and investigations continue. Financial Sector Reform: The National Assembly passed five bills to strengthen the Federation’s financial framework, including amendments covering financial services regulation, gaming controls, virtual assets, and anti-terrorism/anti-proliferation measures. National Addressing System: Government is pushing ahead with a new addressing system to fix gaps like unmarked or unnamed streets, improve postal and emergency response routing, and involve the public in street naming. Water Supply Upgrade: The Water Services Department says it is moving toward 24-hour service for St. Peter’s by pumping an extra 150,000 gallons daily from the Basseterre desalination plant after installing new pipeline and pump equipment. Regional/Global Watch: Russia’s drone attacks in the Black Sea reportedly hit a St. Kitts and Nevis-flagged vessel, injuring crew; separately, oil traffic through the Strait of Hormuz is picking up after a US-Iran ceasefire, though still below pre-conflict levels.
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