Posts

Showing posts from April, 2022

St Kitts and Nevis to spend over US $1.1 billion to construct a prison, amount equivalent to nine 5-star hotels

Image
History is evident that each day thousands of articles are published against the government, and they only reply to those articles that have credible information. St Kitts and Nevis’ Citizenship by Investment Unit (CIU) recently made a statement refuting the claims of the Middle Eastern Times.  It shows how closely the government is monitoring the Middle Eastern Times and is worried about further revelations.  In an additional exclusive update, a St Kitts and Nevis based developer, on a condition of anonymity, said that the government of St Kitts and Nevis is trying to hide a scam totalling the US $1.1 billion by just contracting a prison in St Kitts. The entire development projects are put on a standstill, and all developers are in blues.The government has diverted its attention from projects of concern, instead major focus is being paid to construct a prsion at huge cost. “In a bid to construct luxurious 5-star hotel Park Hyatt, St. Kitts and Nevis government approved only 600 ci

Caribbean Galaxy's Ying Jin conspiring with CEO Les Khan to undercut govt authorised costs on CBIP

Image
  The Citizenship by Investment Programme of St Kitts and Nevis is facing problems due to the illegitimate relationship between CEO Les Khan, and his girlfriend Ying Jin- who currently enjoys being at a position where she is manipulating the entire CBI Programme. In some of the recent reports, it was revealed that Les Khan gave out the information of agents bringing out the most number of CBI applications to Ying Jin (CEO of Caribbean Galaxy Real Estate Ltd.) Using the lists facilitated by Les Khan, Jin is then reaching out to those agents, offering an extremely low price to make higher profits herself. In other words, she is buying off the applications and then reselling at a higher cost, making huge profits (No citizenship by investment programme is allowed to offer second citizenship below the government-specified cost).  A top Citizenship by Investment agent, speaking on the condition of anonymity, said he had received the price-cutting offer from Caribbean Galaxy. He said that Yin

EXCLUSIVE: Caribbean Galaxy using St Kitts and Nevis CBI to launder Chinese black money with government support

Image
Busting millions of dollar money laundering scam in St Kitts and Nevis exposed top-level political position holders, including Prime Minister and head of the CIU Unit. Information leak revealed that Prime Minister Dr Timothy Harris and Les Khan - CEO of Citizenship by Investment Unit, are part of millions of dollar money laundering scam.  The scam is being peddled by the owner of Caribbean Galaxy Real Estate, Ying-Jin, who has a strong connection with Les Khan and PM Harris. The leak revealed that Ying Jin’s husband is a billionaire in China and possesses a very high amount of unaccounted money (black money) in China, which he is converting into accounted by taking construction projects in St Kitts and Nevis and selling passports at lowest costs (over 50% reduction) she tops up the remaining amount from Chinese black money, so on every application she converts US $100,000 black money into white.  The entire scam is taking place under the eyes of Timothy Harris and Les Khan. As per leak

St Kitts and Nevis: CIU head Les Khan embroiled in scam over US $165M in citizenship scheme

Image
Caribbean Galaxy CEO Ying Jin and CIU Unit CEO Les Khan Dubai: Chief Executive Officer (CEO) of Citizenship by Investment Unit (CIU), Les Khan has become implicated in an alleged scam worth US $165 million from a prison construction project in St Kitts.   Caribbean Galaxy - a construction firm based in St Kitts and Nevis has a contract to construct a prison. The government has provided the company with 5,500 citizenship applications as compensation for completing the prison project with applicable government fees, reveals an agent based in Dubai. In a bid to acquire this contract, the CEO of Caribbean Galaxy, Ying Jin, CEO of CIU Les Khan had an obscured agreement that on the sale of each citizenship, Ying Jin would pay the US $10,000 to CEO Les Khan - which he will reportedly share the sum with Prime Minister of St Kitts and Nevis Timothy Harris, totalling over the US $55 million and her company (Caribbean Galaxy) will subsequently generate revenue of US $20,000 on sale of each citize

The Middle East needs a female Elon Musk

Image
When Elon Musk was once asked what advice he would give to a person who wanted to emulate him, he replied he thought it would be better if they didn't try to be like him in the first place. "Not as much fun [being me] as you would think," he quipped. On Wednesday, Mr Musk topped the  Forbes ' 2022 World Billionaires List for the first time.  Forbes  hailed his efforts to "revolutionise transportation both on Earth, through electric car maker Tesla – and in space, via rocket producer SpaceX". The day before, Twitter said it would give Mr Musk a seat on its board after he took a 9 per cent stake in the company. He is likely to use his new position to make changes at the company, having expressed criticism about Twitter's record on free speech. As an entrepreneur, he is considered a role model, even if he is a somewhat controversial one at times. His Tesla business delivered a record number of cars over the past year – more than one million – although a Cov