Asot Michael denied access to his and his family’s funds

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UPDATE:

CUB unequivocally denies the suggestion and or implication that it has restricted access to any customer’s account

Four-term Member of Parliament Asot Michael will hold a press conference at Caribbean Union Bank, Frair’s Hill, shortly.  Mr. Michael will speak on the denial of access to his and his family’s funds. More to come.

UPDATE:

TWIN ISLAND MEDIA: Asot Michael has accused Caribbean Union Bank (CUB) of unduly withholding funds belonging to him and his family members which were intended for his political campaign.

 

This is according to a statement given by Michael this afternoon in an interview with George Wehner of the UPP aligned outlet Real News Antigua.

 

There has yet to be a public statement by CUB. Michael is running as an independent candidate in St. Peter in the upcoming elections. He has served as MP there for 4 terms since 2004, previously on a Labour Party ticket.

 

Michael is alleging that his inability to access funds is due to political interference, but he did not provide immediate evidence of this claim.

 

He is demanding all funds held in the bank be withdrawn in cash today, and that his and his family’s account’s there be closed.

 

The government of Antigua and Barbuda has a significant interest in CUB.

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19 COMMENTS

  1. Gaston trying to hurt you and your family sir, just like the rest of us in the country.

    SPILL THE BEANS ON HIM BOSS, BUT CAN YOU WAIT UNTIL I GET SOME MORE BEER 🍻, POPCORN 🍿 AND BULL FOOT SOUP … 🥣

  2. The bank has collapsed!

    Gaston has taken us to the edge of FAILED STATE STATUS!

    Now is the time for change.

    We cannot allow Gaston and his minions to remain and destroy everything.

    Go out to vote EARLY and STAY IN THE LINE!!!!!

    VOTE DEM ALL OUT to get Gaston out!

  7. Gaston can direct the bank to withhold funds from depositors? This is exactly why we do not want Gaston and the government to hold more shares in ECAB!! Gaston will be telling people when they can and cannot get their own money!!

  9. Is the bank insolvent? That’s a possibility if this bank was involved in the FTX ponzi scheme with depositors money. People, y’all better check if you can get out your monies — this may not be just a political stunt.

  10. They have built nothing, created nothing! When you elect such leaders, do not be shocked when they cannot build or maintain roads, hospitals, schools and provide drinking water to the population! These leaders do not seek public office to improve people’s lives; they seek office to enrich themselves, their families, and their friends. It’s the never-ending story of the developing world, stuck with underperforming leaders! The sad state of Antigua! Better days may be behind you if you do not choose wisely on January 18! Power corrupts; vote for them out!

    • @Voter. Vote them out and elect whom?
      Cannot be that band of merry men and misfits.
      I shudder to even think of it. Worst slate ever ever.

      • KEEP the thing interesting, PARTY NOT CUTTING IT.
        VOTE:
        ABLP- CLEAN UP “Gaston Mes” Committee
        1. STEADROY BENJAMIN
        2. MICHAEL BROWNE
        3. ROBIN YEARWOOD
        4. LENNOX WESTON

        UPP- TRY TO STAY RELEVANT TEAM
        1. RICHARD LEWIS
        2. JOHNATHAN JOSEPH
        3. KELVIN SIMON – Dont know what he wants
        4. JAMALE PRINGLE
        5. CLEON ATHILL

        DNA- CHOICE instead of their opponents
        1. JAMEL KNIGHT
        2. LEON SMITH
        3. THEO YOUNG
        4. LOUIS RIVERA
        5. BENJAMIN QUINLAND

        INDT.- MEDIATORS
        1. ASOT MICHAEL
        2. GAIL PERO-WESTON

      • VOTING – I just cannot but, agree more with you. Band of Misfits. We heading straight to the IMF for sure. “Not them again”

  11. 10 years was enough time for Antigua Barbuda Lying politicians . We need a change this shallow mind thinking about putting who. Antigua have alot of brilliant mind and people should get the opportunity. Leaders delegate people to work alongside to nation building. This government is too corrupt and greedy . Let’s vote them out!

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