In a just released joint press statement, Invest Saint Lucia (ISL) and the Citizenship by Investment Unit (CIU) have refuted claims by Dr. Ernest Hilaire (SLP – Opposition) that the Desert Star Holdings (DSH) project had been rejected by both entities.
During a press conference on Monday May 22, 2017, and later released to the press in a written statement, Dr. Hilaire declared categorically, “I can state to you today, and for fear that the PM Office says I lie, you can ask them: that Invest Saint Lucia, CIP Unit and CIP Board have all, all, rejected the DSH project. In their professional opinion, Cabinet should NOT approve this project.
It is left to wonder what the source and motivation of Dr. Ernest Hilaire’s clearly unsubstantiated allegation.
Press statement from Invest Saint Lucia and CIU follows:islcipdenialofreject