THE STAR BUSINESSWEEK JUNE 2, 2018
WWW.STLUCIASTAR.COM
Malta bank was set up with ‘criminal proceeds’, say prosecutors A Maltese private bank accused of having been used to launder money linked to high-ranking government officials was set up using the criminal proceeds of an unrelated sanctions busting scheme involving Iran and Venezuela, US prosecutors allege Page 3
Big Four accountancy firms plan for forced break-up
BUILDING A 21ST CENTURY SAINT LUCIA BY ED KENNEDY, STAR BUSINESSWEEK CORRESPONDENT
Christian Wayne, founder and director of TeleCarib Labs, Inc. (also director of the award-winning STAR Publishing Company, parent company to this newspaper) is spearheading a movement poised to revolutionize what education and entrepreneurship look like in the Caribbean – with Saint Lucia serving as ground zero. Continued on page 4
The Big Four accountancy firms have drawn up contingency plans for a breakup of their UK businesses, an option politicians and regulators are increasingly pushing to solve conflicts of interest embedded in the industry Page 7