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Antiguan Senator urges his Gov’t to co-operate with US investors

Published:Thursday | December 17, 2009 | 1:25 PM

Antiguan Senator, Colin Derrick is urging his government to co-operate with US investors who have lost money from investments they made with former Texan Financier, Allen Stanford.



Senator Derrick wants the Baldwin Spencer administration to heed a warning from US senators threatening to block Antigua and Barbuda\'s request for funding from the International Monetary Fund.



The country had requested assistance to fix the fiscal imbalance in the island\'s economy.



However, officials say Antigua\'s bid to access IMF funds could be derailed over the Stanford affair.



The government legislator told the Senate that the government has a responsibility to expose anyone who might have been involved with Mr. Stanford’s alleged multi-billion dollar ponzi scheme.