“From your verbal excretion, portions of which appeared on page 7 of the Grenada Today newspaper, July 7, 2006, I gathered: (1) That the governor of the ECCB, from his lofty perch in ST. KITTS, with scant regard for due process, commanded the government of Grenada to revoke the license of a duly licensed bank, (and send ALL the poor GRENADIAN WORKERS HOME)……….”
“…… I thank you for making this letter public knowledge. This letter certainly lends support to my speculation that, perhaps, you are wielding undue political influence. Indeed the publishing of this letter suggests, Sir, that tail is wagging dog!! That letter is truly, truly amazing.”
“The truth is, all banks operating in Grenada, the ECCB territory and indeed the world are all governed by laws, and therefore CapBank is no exception.”
Over the past weeks, Capital Bank Ltd./South City Plaza has been in the news re the Grand Anse basketball/netball court.
“Native Hut Limited, a company incorporated under the Companies Act of Grenada with registered offices at South City Plaza, Grand Anse, Grenada is seeking to raise additional capital of USDl0million (ECD 27 million) for expansion of the South City Plaza Hotel and construction of the South City Square Project by issuing Three Million Shares to private and institutional investors. ……….
Approvals: ………The Bankers for Native Hut Limited are Capital Bank International Grenada and CLICO Investment Bank Limited (Trinidad)…..”
“Claim No. GDAHCY200l/0490: In the Supreme Court of Grenada and the West Indies Associated States High Court of Justice Grenada (Civil) between Capital Bank International (Claimant) and The Eastern Caribbean Central Bank and Sir K. Dwight Venner (Defendants)..”
Grenada, in the Court of Appeal: Civil Appeals Nos. 13 & 14 of 2002 between Capital Bank International (Claimant) and Eastern Caribbean Central Bank and Sir K. Dwight Venner (Respondents)
