Antigua and Barbuda rejects major commercial and financial ties with Venezuela

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Browne says government has not done business with Venezuela apart from WIOC shareholding

Prime Minister Gaston Browne says the Government of Antigua and Barbuda has not engaged in business with Venezuela, rejecting claims of financial or commercial ties and stressing that the only connection has been Venezuela’s historical shareholding in the West Indies Oil Company (WIOC).

Speaking on Pointe FM’s Browne and Browne Show on Saturday, Browne said neither the government nor members of his family have conducted trade or financial dealings with Venezuela.

“I don’t have any family members who trade directly or indirectly with Venezuela in gold, oil, in nothing,” Browne said. “Totally untrue.”

He said allegations suggesting otherwise were false and misleading, and that the only relationship cited repeatedly relates to Venezuela’s 25 percent ownership stake in WIOC, which he said was acquired before U.S. sanctions were imposed.

“Out of the 25 percent of the shares in West Indies Oil Company, those shares were sold to Venezuela when there were no sanctions,” Browne said.

The prime minister stressed that once sanctions were enacted, WIOC remained compliant and that Venezuela received no financial benefit.

“Not even a dividend payment has been made to Venezuela since the sanctions have been enacted,” he said.

Browne said claims of sanction-busting or illicit business were unfounded.

“There has been absolutely no violation whatsoever,” he said.

He added that efforts to portray the WIOC shareholding as evidence of broader government dealings with Venezuela were inaccurate and ignored the timing and legal context of the investment.

Browne said his remarks were intended to clearly distinguish between lawful, historical shareholding arrangements and allegations of ongoing business ties, which he said do not exist.

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9 COMMENTS

  1. Just like Peter, he will now be saying to the White House not to Trump who don’t speak directly to peep-squeak; I know not the man maduro.

  2. Please Mr. Brown, the decent thing to do is to give back venezuela their shares in the form of cash. Dont use US sanctions on venezuela as a reason to hold on to Venezuelan money. It is Venezuela’s money.

  3. What about the utility subsidy and the petro Caribe programs that are currently financed by Venezuela. $100 TO subsidize utility expenses and $215 for the indigents/less fortunates to offset groceries expenses.

  4. But don’t t worry there will be a US backed democratic government who will be more than happy to work with GB and the rest Caribbean leaders….Venezuela is going back to how it was before 1998 Chavez and his bullshit Socialist government….

  5. This PM will have a lot more to explain going forward, because trust me, the CIA has the facts. So if he thinks he can just continue to fool the people with this after the fact explanations, he is sorely lost.

    This will be a mess going forward, and all the players in the Venezuela corruption will be exposed by the the US, trust me.
    Trump is not stopping.
    And the Visa restrictions is just start, because the CIA have the facts and are feeding it to the Pentagon.

    I don’t think this PM knows how intelligence gathering and surveillance works.

    These are people who will date your daughter just to get close to you..
    Just watch..this man is lost.

    The eyes of the US is squarely on Antigua, and that’s why the Commander of the Southern command came to Antigua to warned these jokers.
    Nothing here is a fluke.its all connected.

    Follow the money.
    And yes, Maduro had his hands deep into Antigua politics, and that’s why GB and co kept quiet, claiming that ” they are friends to all and enemy to none”. Such a garbage as statement, and one that was clearly put forth because they didn’t want to ruffle the feathers with this Drug lord that’s is deep in their affair’s.

    I did warn you that all will be revealed GB, and I know many of the pieces to the puzzle, and you best believe the US knows as well.

    And oh by the way…when the “Cabal” the Caricom leaders were scrambling the other day to hold a meeting, many ask for what, it was because they were getting together to get their story correct, since the US is monitoring their phones as well.

    Many of them are in the corruption with Venezuela and other nations, notably the PM from Dominica.
    You think the US just sanctioned visa because they hate Antiguan’s or Dominicans, hell no, they did it because they have more evidence than even GB knows.

    Think people, and stop listening to this liar.
    Nothing in life is a ” coincidence”. You are what you have become. Follow the pattern.

  6. Me just want the international community cut this diplomatic bull $hit and reveal these Caribbean politicians bank stash and property abroad like the panama documents, they should stop protecting criminals.
    WIOC never benefit Antigua, instead monopolize engine oil brand that was over expensive and secretive share holders supposedly in jail in china, ostensibly some politicians and family took over that share.

  7. Mr PM, if you’re clean, God bless you, but if you are not and claiming you are, just know that if the US really wants to get you, they will. The US may already have all the information needed on you, so it’s best you stay silent, and I do hope the WIOC Bigman electronic devices, that was confiscated wasn’t the real deal, so if you guys know you’re in the dirt, traveling to the US may be not a good idea going forward.

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